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IFB Industries makes prepayment of Rs 22.91 crore out of term loan of Rs 70 crore

15 Dec 2020 Evaluate

IFB Industries has made prepayment of Rs 22.91 crore out of term loan of Rs 70 crore from DBS Bank India. The said loan was taken for engineering division of the company.

IFB Industries is the premier Fine Blanker in India having Fine Blanking Presses. The product range includes fine blanked components, tools and related machine tools like straighteners, decoilers, strip loaders and others.

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