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Indian Oil Corp. Ltd. is likely to raise INR 5 billion to INR 20 billion through a commercial paper this week, sources aware of the development told Informist. The country's largest fuel retailer is expected to raise the funds through a two-month CP. So far this month, the fuel retailer has raised INR 77.25 billion through CPs, as per data available on Clearing Corp. of India and compiled by Informist.
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