Inox Wind signs Rs 2,200 crore consortium agreement led by ICICI Bank

Inox Wind Limited has signed a consortium agreement with 10 banks, led by ICICI Bank, for credit facilities worth Rs 2,200 crore. The company announced that these limits are mainly non-fund based and do not require corporate guarantees from its parent company. This move highlights the banking community's confidence in Inox Wind's financial strength.