Centre Plans Rs 7,000 Crore SOS Fund to Bail Out Air India, Transfer of Debt to Special Purpose Vehicle
The finance ministry would also give a bank guarantee of Rs 2,000 crore on behalf of the cash-strapped carrier. This loan would be used as working capital by the airline, sources said.
from Top Business News- News18.com https://ift.tt/2NmjYm7
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