Oil and Gas is a structurally important sector for our country. Be it through the fiscal deficit, current account deficit or currency; this sector impacts our economic health. At Kotak, we focus on various banking requirements and nuances of the Oil and Gas sector. Understanding that the business is global in nature; we have the right connects and relationships across institutions to make the trade work in efficient and value accretive fashion.
The Banking products we offer at each stage:
- Greenfield/Brownfield expansion for project loans aligning with cash flows expectation, access to full range of investment banking capabilities, tie-up with external commercial borrowing at competitive terms through our GIFT city branch or market participants along with debt capital market access to refinance debt through non-convertible debentures.
- Post commissioning/operational stage, we assist in enabling exports through our confirmations of foreign bank LCs. Also get supply chain credit for imports, issuance of Letter of Credit through an online platform and long term funds against export credit agency confirmations of various countries.