Air India gets $215 million loan from Bank of India, StanChart via GIFT City
Air India raised about $215 million from Bank of India and Standard Chartered Plc for refinancing, according to people familiar with the matter.
The six-year loan, raised through Gujarat International Finance-Tec City, or GIFT City, is priced at about 168 basis points over the secured overnight financing rate, said the people, who asked not to be identified because it is not yet public.
