India, Dec. 22 -- DBS Bank India on Monday announced it has extended its largest Sustainability-Linked Trade Facility (SLTF) to date, of INR 670 crore, to Indorama India Private Limited, a wholly owned subsidiary of Indorama Corporation Pte Ltd.

The transaction reinforces DBS Bank India's commitment to responsible banking and its support for clients that are prioritising sustainable growth.

Its structure aligns with globally recognised Sustainability-Linked Loan Principles, ensuring measurable and verifiable progress against the agreed targets. The facility, encompassing Letters of Credit (LC), Purchase Invoice Financing (PIF), and Buyer's Credit Import Advance (BCIA), will help Indorama India manage its working capital requirements for...