Epic Update : State Bank of India

State Bank of India (SBI), country’s largest public sector lender has signed an agreement with The Numaligarh Refinery (NRL), in order to fund $90 million to finance NRL’s capital projects. The loan will be disbursed by SBI at its London branch and NRL will use these funds primarily to part finance its ongoing wax project at its refinery complex in Numaligarh.

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