Unlike
its
rivals
MIL
does
never
face
resource
crunch.
It retains
a sizeable
amount
to meet
its
immediate
as well
as medium
term
financial
requirements.
We
have
always
used
a blend
of funding
sources
from
accruals
to commercial
papers
to FCNR
(B)
loans
to low
cost
dollar
debt
to term
loans
from
various
banks
to fund
our
plant
operations.
We
are
grateful
to the
consortium
of four
banks
which
bank
rolls
us.
