Global Trade Alert
Global Trade Alert

India: State guarantee on short-term loan taken by airline Air India

Announcement

26 Mar 2020

The Indian government has provided a guarantee on a loan taken by the air carrier Air India.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Mar 2020

Revocation date:

No revocation date

Updated: 26 Mar 2020
Loan guarantee In force

According to reports by news and credit rating agencies, on 26 March 2020 Air India Limited secured short-term government-guaranteed bank loans worth INR 700 crore (~USD 93.45 million). These loans...

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