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IndiGo secures ₹2,577 cr of credit facility in June quarter
short by Dharna / on Monday, 15 July, 2019
IndiGo-operator InterGlobe Aviation availed credit facility of around ₹2,577.75 crore in the first quarter for meeting its working capital requirements, filings showed. This is thrice the amount availed by it in the year-ago period. It secured ₹1,050 crore from Standard Chartered Bank in April, ₹660.32 crore from Crédit Agricole CIB in May, and ₹867.43 crore from Deutsche Bank in June.
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