bharti mobitel secures rs 125 cr loan from rabo
mumbai: bharti mobitel has raised a term loan of rs 125 crore from rabo india finance to meet its commitment towards capital expenditure, repayment of vendor credit and refinancing of short-term financing facility.

the term loan is for up to 78 months and the principal repayment will be made in 10 semi-annual equal instalments which will commence on april 22, 2003.

meanwhile, bharti cellular, the wholly owned cellular arm of bharti televentures, is raising a term loan of rs 250 crore from the industrial development bank of india (idbi) and infrastructure leasing and financial services (il&fs) to finance its new projects.