Asia/Pacific

Air India secures fresh funds worth INR140 bn from State Bank of India and Bank of Baroda

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Air India secures fresh funds worth INR140 bn from State Bank of India and Bank of Baroda

Air India has secured fresh funds worth INR 140bn from State Bank of India and Bank of Baroda through a mix of fresh loans and refinance of existing debt. According to sources, the fundraising is comprised of INR 125bn to refinance loans and INR 150bn obtained through the Government’s Emergency Cr...

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