ADVERTISEMENT
Indian Oil Raises Rs 2,500 Crore In Debt At Interest Lower Than Sovereign
02 Sep 2022, 03:14 PM IST i

Save

The prevailing annualised yield of 5-year G-Sc is at 7.16 per cent.
Indian Oil Corporation (IOC), the nation's top oil firm, raised Rs 2,500 crore in debt through non-convertible debentures (NCD) at an interest rate lower than government bonds, its director (finance) Sandeep Gupta said on Friday.
ADVERTISEMENT