India's IDBI Bank secures USD 239 million debt judgement in UK High Court

Mumbai-headquartered IDBI had entered into loans totalling USD 148 million with two Singapore registered companies -- Varada Drilling One Pte Ltd and Varada Drilling Two Pte Ltd -- for the construction of two jack up drilling rigs in March 2013.

from Banking/Finance-Industry-Economic Times https://ift.tt/3cdCFXJ