Archive · 27 Jul 2026
Andhra Govt Guarantees Rs 300 Cr Loan for MARKFED
The Andhra Pradesh government has promised to back a Rs 300 crore loan taken by AP MARKFED from the Central Bank of India.
This loan is for the company's working capital needs in the financial year 2026-27.
The government's guarantee means it will step in only if MARKFED cannot pay back the loan.
MARKFED will have to pay back the loan using its own money and also pay a 5% fee on the guaranteed amount.
This guarantee helps MARKFED get the money it needs while ensuring the government is involved only if necessary.
Andhra Pradesh government guarantees Rs 300 crore loan for AP MARKFED.
Loan is for working capital needs in FY27.
Government guarantee activates only if MARKFED fails to pay.
MARKFED must pay 5% guarantee commission on the loan amount.
Government guarantee ensures financial stability for MARKFED.
- Who
- Andhra Pradesh Government and AP MARKFED
- What
- Government guarantee for a Rs 300 crore loan
- When
- July 27
- Where
- Amaravati, Andhra Pradesh
- Why
- To support MARKFED's working capital needs for FY27
Government Support
Corporate Responsibility
Government Guarantee
Government Support
The government's guarantee ensures financial stability for MARKFED, supporting its working capital needs.
Corporate Responsibility
The guarantee places a financial burden on the government if MARKFED fails to meet its obligations.
- Loan Amount
- Rs 300 crore
- Lending Institution
- Central Bank of India
- Guarantee Commission
- 5%
- Financial Year
- 2026-27
- Guarantee Issuer
- Andhra Pradesh Government
- Corporation
- AP MARKFED
