In a statement, SMBC said the loan is a secured debt facility through its Singapore branch, while Air India's GIFT City-headquartered arm AI Fleet Services is the borrower.
Get latest articles and stories on India at LatestLY. Japanese lender SMBC on Wednesday said the Tata Group-owned Air India has borrowed USD 120 million from it for purchasing a wide-body aircraft from Airbus. India News | Air India Borrows USD 120 Mn from Japan's SMBC to Buy Airbus Plane.
India Business News: Air India has borrowed USD 120 million from SMBC, a Japanese lender owned by the Tata Group, for the purchase of an Airbus A350-900 aircraft. This tra
Air India borrows $120 million from Japan s SMBC to buy Airbus plane thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.