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AI raises 300 million USD loan to meet working capital requirements

AI raises 300 million USD loan to meet working capital requirements

Dec 03, 2015, at 02:51 am

New Delhi, Dec 2 (IBNS) Air India has concluded agreement with Citi Bank or State Bank of India for loan of USD300 million External Commercial Borrowing (ECB) to meet its working capital requirements, especially towards aircraft spare payments.