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in Entrepreneurship by (79.3k points)

Deepak Industries is a sugar manufacturing unit in U.P. Due to various factors it started running into losses and was declared a sick unit by the State Confederation of Industries. It had assets and probability to revive if financial assistance could be made available.

Name the financial organisation that can help Deepak Industries in this situation knowing well that it cannot furnish any collateral security against the loan sanctioned.

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Industrial Investment Bank of India Ltd. (IIBI).

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