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22 May 2015 | |
Bharat Petroleum Corporation Ltd has informed BSE that BPCL has entered into a term loan agreement with State Bank of India to set-up a rupee loan facility. The facility will be used to finance capital expenditure on the Companys ongoing and new projects. Under the facility, BPCL can avail a loan of up to Rs. 4,000 Crores which can be drawn over a period of 3 years. The loan carries a floating rate of interest linked to base rate and has a door to door maturity of 10 years. | |
View all announcements for BHARAT PETROLEUM CORPORATION LTD. | Source: BSE India |