Tata Group-owned Air India refinanced short-term loans with SBI and Bank of Baroda for three years. The Rs 19,000 crore term loan will finance working capital needs and aircraft fleet upgrades. The conglomerate's strong credit profile enabled access to funding for the national carrier. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
