Suvilas celebrates Diwali on 23rd October 14 as multinational bank State Bank Of India approves 25 Crs loan for Suvilas.
A proud moment for Suvilas as India largest multinational bank State Bank of India with financial services in terms of profits, assets, deposits, branches and employees with assets of USD 388 billion and 17,000 branches, including 190 international offices has come forwarded to fund Suvilas, we value this movement and look forward to build a stronger and long term relationship with State Bank of India.
State Bank of India loan approval brings our CMD’s dream much closer to reality.
Our Strength - Prior launching our first project
Equity 33 Crs + Investment by Directors 17 Crs + Land Value 110 Crs + Loan from SBI 25 Crs = Rs.185 Crs (31 million USD) as on 23-10-2014