State Bank of India (SBI) has raised 3-year funds of $500 million (over Rs 3,800 crore) through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch.
Fisheries, Animal Husbandry and Dairying Dr L Murugan today said for the first time in the country, a seaweed park will be set up in Tamil Nadu to improve the livelihood of fishermen.