RBI makes it easier for oil companies to borrow money

Agencies | By
Updated on: May 29, 2008 07:37 pm IST

As a part of the government's bail out package for oil companies, the RBI today doubled borrowing limit for oil companies from 15% to 30% in exceptional cases.

As a part of the government's bail out package for oil companies, the RBI on Thursday doubled borrowing limit for oil companies from 15% to 30% in exceptional cases.

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