Like our Facebook Page

news details

Air India may soon get $300 million loan through ECB 7/23/2015 12:34:17 AM Agencies New Delhi, July 22: Air India might soon get the USD 300 million loan through external commercial borrowing (overseas loans) to meet its working capital requirements, as per news reports. Air India had on April 9 floated an international tender for raising up to USD 300 million through ECB window. This ECB would be guaranteed by the Government of India and interest rate is fixed or floating linked to Libor (London inter-bank offered rate), according to the offer for invitation document. Reserve Bank of India had for the first time in April 2012 allowed the civil aviation sector to raise funds via the ECB route for a period of one year.   Share This News with Your Friends on Social Network     Comment on this Story

top stories of the day

Jammu revolts against 'ungrateful' BJP 'BJP told to adopt diversionary tactics on AIIMS demand' Today passport to Geelani, tomorrow it could be 'Azadi' to Kashmir UGC blocks funds to JU, thanks to admn Doval's visit to Kashmir: Intelligence agencies worry over Kashmiri youth joining terror groups PDP leader's son thrashes senior officer in Ganderbal ‘Thousands of H1N1 injections procured by SKIMS expired, set to expire Mir shifts blames on Jammu based Cong leaders for debacle in Assembly elections J&K fails to secure Central funds for tourism projects in Jammu Ex-militants picking up arms again, say officials Uncertainty confronts 95 Masters, 45 Lecturers, 31 Headmasters Anti-national, pro-Pak slogans at Kishtwar after eid prayers RTO Jammu ill equipped for conducting fitness tests of vehicles GMC&H Jammu facing acute shortage of anti-venom serum Govt intends to introduce new master plans, upgrade MCs Baramulla has no mother, child care hospital

STOCK UPDATE

BSE Sensex NSE Nifty

CRICKET UPDATE