Air India gets â¹1,500-crore loan from Bank of India
Debt-ridden Air India has received a loan worth â¹1,500 crore from Bank of India to meet urgent working capital needs, according to reports. This comes less than a month after Air India floated a tender in this regard. Prior to this, the airline had reportedly borrowed around â¹3,250 crore as short-tenure loans from IndusInd Bank and Punjab National Bank.