Axis Bank, HDFC Bank and ICICI Bank are said to back the firm with a long-term rupee loan to refinance existing debt following the group’s restructuring.

Vedanta Aluminium Metal Ltd. is raising 135 billion rupees from three major banks. Axis Bank, HDFC Bank, and ICICI Bank are providing the substantial loan. This marks the first…

Axis Bank, HDFC Bank and ICICI Bank are said to back the firm with a long-term rupee loan to refinance existing debt following the group’s restructuring.