Manomay Tex India to avail credit facilities up to Rs 80.62 crore from Consortium Bank
Manomay Tex India has received an approval for availing Credit Facilities up to Rs 80.62 crore from Consortium Bank i.e. State Bank of India (Lead Bank), Industrial Estate Branch, Bhilwara and Oriental Bank of Commerce (Member Bank), Gandhi Nagar, Bhilwara. The Board of Directors of the company at their meeting held on October 15, 2018, approved the same.
This credit facilities enhance from Rs 72.33 crore to 80.62 crore under SBI Consortium (Consisting State Bank of India, IE Branch, Bhilwara as Lead Bank and Oriental Bank of Commerce, Gandhi Nagar, Bhilwara, Rajasthan as member bank)
Manomay Tex India is majorly engaged in manufacturing and sale of denim fabrics in domestic and international markets having an integrated manufacturing unit based in Rajasthan. It is known and identified in textile industry by the brand name ‘Manomay’.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.