Fairfax-owned Bengaluru International Airport Ltd (BIAL) is raising Rs 10,200 crore of expansion funds through a syndicated loan facility, pointing to increasing corporate demand for resources and the willingness of banks to open credit lines for companies.
The airport operator, with more than 50% Fairfax ownership, has availed the loans from State Bank of India and Axis BankNSE 0.90 %, two people with direct knowledge of the matter told ET.
