{"id":553521,"date":"2023-02-07T09:21:59","date_gmt":"2023-02-07T03:51:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=553521"},"modified":"2023-02-07T10:26:37","modified_gmt":"2023-02-07T04:56:37","slug":"air-india-to-borrow-rs-18k-cr-from-sbi-bob-to-refinance-existing-debt-rpt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-to-borrow-rs-18k-cr-from-sbi-bob-to-refinance-existing-debt-rpt\/","title":{"rendered":"Air India to borrow Rs 18K-cr from SBI, BoB to refinance existing debt: Rpt"},"content":{"rendered":"<p>Air India will borrow Rs 18,000 crore from the State Bank of India (SBI) and Bank of Baroda (BoB) to refinance its existing debt over the short term, a report in the Economic Times (ET) said. The borrowing will be in the form of one-year loans and the Tata Group-owned airlines may go for longer loans later.<\/p>\n<p>&#8220;Tatas decided to continue with the existing borrowing arrangement for another year, though they will eventually make a long-term debt strategy. The loans are at a higher rate than last time, mirroring the sharp rise in the interest rates in the last one year,&#8221; a person aware of the matter told ET.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Air India will borrow Rs 18,000 crore from the State Bank of India (SBI) and Bank of Baroda (BoB) to refinance its existing debt over the short term, a report in the Economic Times (ET) said. The borrowing will be in the form of one-year loans and the Tata Group-owned airlines may go for longer loans later. &#8220;Tatas decided to continue with the existing borrowing arrangement for another year, though they will eventually make a long-term debt strategy. The loans are at a higher rate than last time, mirroring the sharp rise in the interest rates in the last one [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-553521","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=553521"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553521\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=553521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=553521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=553521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}