Financing standing working capital of Oil Marketing Companies (OMCs) by long term external borrowings

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..... Financing standing working capital of Oil Marketing Companies (OMCs) by long term external borrowings - News and Press Release Dated:- 4-10-2018 - News - It has been decided to put in place an arran .....

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..... gement for financing the standing working capital requirements of Oil Marketing Companies (OMCs) by long-term foreign currency loans. The arrangement will be as follows: (i) OMCs will borrow USD .....

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..... 10 billion with a maturity of 5 years in a phased manner, with an initial tranche of USD 4 billion followed by two tranches of USD 3 billion each, all borrowing completed in a period of one year from .....

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..... now. (ii) OMCs will not be required to hedge their exposure. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - .....

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..... TMITax .....

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