Global Trade Alert
Global Trade Alert

India: State guarantee on debenture issued by Air India

Announcement

27 Sep 2011

The Indian government has guaranteed repayment on a debenture issued by the state-owned airline Air India.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Sep 2011

Revocation date:

No revocation date

Updated: 27 Sep 2011
Loan guarantee In force

On 23 September 2011, the Indian Government agreed to provide a guarantee on the repayment of principal and interest due on Non-Convertible Debentures (NCDs) worth INR 5500 crore (~USD 1.12 billion...

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