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Vaibhav Global repays its outstanding working capital term loan

03 Jul 2014 Evaluate

Vaibhav Global has repaid the entire amount of outstanding working capital term loan (WCTL) of Rs 11.74 crore along with the Interest of around Rs 47 thousand to Punjab National Bank (PNB).

Vaibhav Global is engaged in selling of fashion jewellery and lifestyle products in the US, the UK and Canada via its own TV shopping and e-commerce platforms. It currently has access to 96 million households in US and the UK.

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