YIAPL raises Rs 3,725 crore debt from SBI for development of upcoming Noida International Airport

The Yamuna International Airport (YIAPL) has raised Rs 3,725 crore debt from State Bank of India (SBI) for the development of the upcoming Noida International Airport. YIAPL is a 100 per cent subsidiary of Swiss developer Zurich Airport International AG (ZAIA) and has been incorporated to develop the airport in Jewar, which is around 70 km from the main Delhi region.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.