Asia/Pacific

Air India seeks $2.1bn short-term loan

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Air India seeks $2.1bn short-term loan

Air India is planning to secure another short-term loan of $2.1 bn from Bank of India (SBI) and Bank of Baroda (BoB) to refinance its current debt as a part of airline’s short-term strategy to refinance its existing debt before it embarks on long-term borrowing solutions for its future business ne...

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