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Banks not expected to write down Air India loans: Official
Banks are not expected to write down loans to cash-strapped Air India under a debt restructuring plan that was approved by a government panel on Tuesday, Banking Secretary D.K. Mittal told reporters.
Banks are not expected to write down loans to cash-strapped Air India under a debt restructuring plan that was approved by a government panel on Tuesday, Banking Secretary D.K. Mittal told reporters.
The consortium of 14 lenders, led by State Bank of India , is likely to be impacted by Rs 2000 crore on account of the USD 4 billion restructuring, he said on Wednesday.
