Profit

Moody's Sees Improvement in Credit Profile of Oil PSUs

PUBLISHED ON: August 20, 2014 | Duration: 5 min, 41 sec

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Vikas Halan, vice president and senior credit officer at Moody's, told NDTV Profit that performances of state-owned refiners is expected to improve with under-recoveries on diesel likely to be extinguished soon, leading to a fall in their borrowing costs.
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