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NRB Bearings to take Rs 10 crore loan from Aditya Birla Finance

26 Mar 2019 Evaluate

NRB Bearings has received approval to enter into a loan agreement with Aditya Birla Finance of Rs 10 crore. The Board of Directors of the Company at its meeting held on March 25, 2019 has approved the same.

NRB Bearings is a recognised leader in needle roller bearings, conventional cylindrical roller bearings and has developed a new generation of lightweight drawn cup bearings.

Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
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