SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Aditya Birla Sun Life AMC raises USD 70 million via the Gift City platform

#Taxation & Finance News#India
Last Updated : 9th Apr, 2025
Synopsis

Aditya Birla Sun Life AMC has successfully raised USD 70 million through its ABSL India Growth Fund, a Category III AIF launched under Gift City's IFSC framework. The fund focuses on long-term capital appreciation by investing in Indian markets through a passive, low-leverage strategy. It attracted participation from over 250 global investors, including NRIs and family offices, tapping into the Liberalised Remittance Scheme (LRS). This marks the first outbound equity fund offered from Gift City and highlights investor confidence in India's financial markets and regulatory stability.

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