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Coromandel: Enhancement of Short-Term Finance
Maram Srikanth; Palanisamy Saravanan; Tara Shankar ShawCase IVEY-9B16N006-EFinance, StrategyIn April 2015, Coromandel International Limited (CIL), a manufacturer of fertilizers based in Chennai, India, requested that the National Bank of India increase CIL’s existing short-term finance arrangement. CIL operated 14 state-of-the-art manufacturing facilities across India with a combined installed capacity of four million tonnes per annum and over 2,000 employees. It sold its products through a countrywide dealer network as well as in its o...Starting at €8.20