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NHAI prepays Rs 56,000 crore loans as Capex fall

Times of India LogoTimes of India2d ago

NHAI prepays Rs 56,000 crore loans as Capex fall - Times of India

Quick Summary:

NHAI has prepaid loans of Rs 56,000 crore this fiscal year, reducing its debt from Rs 3.3 lakh crore to around Rs 2.8 lakh crore.

With help from budgetary allocation and monetisation proceeds, NHAI aims to further reduce debt by March and save Rs 1,200 crore in interest costs.

NHAI’s debt was pegged at around Rs 3.3 lakh crore at the start of April and is now estimated to have come down to around Rs 2.8 lakh crore.


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Article Details

Author / Journalist: Dipak K Dash

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-04 @ 03:02:25 (2 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 598 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24874703

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 10 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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