RBI issues notification to operationalise $500 mn loan to Sri Lanka for petroleum products Posted on March 10, 2022 by cngpump Export-Import Bank of India (Exim Bank) entered into a pact on February 2, 2022, with Sri Lanka to provide the USD 500-million line of credit for financing purchase of petroleum products. Related posts: FM expresses concern on rising oil prices; Puri says oil cos to decide on hike Rosneft-backed Nayara Energy put under credit watch: CARE Ratings India’s February fuel demand rises 5.4% year-on-year CERAWEEK-U.S. energy secretary urges companies to boost oil, gas output CNG Pump Near Me In Mumbai OPINION: US bans Russian oil, India needs to pivot No need to panic. Oil prices could drop to $100 a barrel in two weeks: Arun Kumar Singh Chairman & MD, BPCL PUC Center Near Me In Delhi India’s February fuel demand rises, but soaring crude may slow uptick Indian Oil Corporation to build more crude oil tanks at Adani’s Mundra port