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Nayara seeks new bank amid EU curbs
Mint New Delhi
|August 07, 2025
Mumbai-based oil refiner Nayara Energy Ltd, part-owned by Russian energy giant Rosneft PJSC, has asked government officials to broker a relationship with a domestic lender such as UCO Bank Ltd after EU sanctions prompted greater caution among larger banks, according to people familiar with the matter.
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Executives at Nayara held talks with officials from the finance ministry last week, the people said, asking not to be identified because discussions are private.
Dit verhaal komt uit de August 07, 2025-editie van Mint New Delhi.
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