AirAsia India has been making losses since its first commercial flight on June 12, 2014. Its net loss increased by 42 per cent to ₹2,178 crore in FY22.
Standard Chartered had Bank given ₹200 crore as short-term loan and ₹30 crore as overdraft facility to the airline last month, according to documents reviewed by Business Standard (see table).
IndusInd Bank gave ₹200 crore to the airline in a short-term loan to the airline in June. Tata Capital gave a short-term loan of ₹200 crore in April this year.
These short-term loans have been given to the airline at around eight per cent interest rate, according to the documents.
Bu hikaye Business Standard dergisinin September 26, 2022 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin September 26, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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