Yotta Data Services raises Rs 13.57 billion in debt from SBI

Yotta Data Services and its subsidiary NMDC Data Centre have raised over Rs 13.57 billion through a long-term loan from the State Bank of India (SBI). The entire loan facility includes 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.