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Air India loan News

08 Jun 2018

After failing to attract bidders, AI seeks Rs 1,000 crore short-term loan

The national carrier, which recently failed to get even a single bidder for its disinvestment plan, has called for financial bids by June 13 for the tenure of one year.

12 Nov 2017

Air India gets Rs 1,500-crore loan from Bank of India

For the second time in recent months, the flagship carrier has received loans from a public sector lender.

07 Aug 2017

Air India seeks $740 mn loan to finance purchase of 6 Boeing planes

At the current exchange rate, USD 740 million is around Rs 4,720 crore.

10 Mar 2017

Short-term loans eroded AI's fin restructuring benefits: CAG

The benefits for Air India from the financial restructuring plan have been largely eroded by high volume of short-term loans and the state-owned airline should look at rationalising costs.

22 Jul 2015

Air India may soon get $300 million loan through ECB

This ECB would be guaranteed by the Government of India and interest rate is fixed or floating linked to Libor.

22 Jul 2014

India firms borrowed $1.89 bn from overseas makets in June: RBI

Borrowings by Indian firms declined by over 3 percent from a year ago to USD 1.89 billion in June 2014, according to Reserve Bank data released today. During June 2013, India Inc had raised USD 1.95 billion from overseas markets by way of external commercial borrowings (ECBs).

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