Airline

Air India close to new financing agreement

By Dino D'Amore May 11, 2015 1 mins read

Air India close to new financing agreement

Following a recent tender process, Air India is reported to be close to an agreement for $300 million through an external commercial borrowing (ECB) for working capital in a three year deal from foreign banks and foreign financial institutions. The State Bank of India (SBI) and Citibank are members ...

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