IndianOil
New Delhi   26-Apr-2011


Mr. SV Narasimhan, Director (Finance), IndianOil

Our debt was nearly Rs 53,000 cr as on March 31, 2011. We are borrowing Rs 5,000 - 6,000 cr every month. Our aim is to increase foreign currency debt. We'll decide the borrowing plan once we know how we'll be compensated.