IOC GIFT city unit funds deals of over 250 million dollars

Indian Oil Corporation's GIFT City unit has financed over $250 million for its group companies in a year, optimizing borrowing costs. The unit refinances loans, provides credit lines, and facilitates inter-group lending. It aims to reach $1 billion in deals within the next 8-10 months and serves as the preferred vehicle for future overseas investments, like the recent $78.
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