EXCLUSIVE Some banks stop credit for oil imports by Rosneft-owned India refiner Nayara -sources - Reuters

India's HDFC Bank and some foreign banks have stopped offering trade credit for oil imports to Nayara Energy, a Russian-backed refiner, and some suppliers are seeking payment upfront to avoid potential problems resulting from western sanctions against Moscow,…

NEW DELHI/MUMBAI/BANGALORE, April 11 (Reuters) - India's HDFC Bank and some foreign banks have stopped offering trade credit for oil imports to Nayara Energy, a Russian-backed refiner, and some suppl… [+3677 chars]

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