Yotta Data Services raises Rs 13.57 billion in debt from SBI

Yotta Data Services Private Limited and its subsidiary NMDC Data Centre Private Limited have raised over Rs 13.57 billion through a long-term loan from State Bank of India (SBI). The entire loan facility includes a debt worth Rs 13 billion and a non-fund-based facility worth Rs 570 million. The debt includes an issue of 80,000 non-convertible debentures (NCDs) worth Rs 8 billion to SBI.