IDFC, Indian Bank, Yes Bank put SpiceJet loans on high-risk: Report | Mint - Mint


8/8/2022 12:00:00 AM2 years 8 months ago
by Reuters

The lenders are concerned about SpiceJet's cash flows and have held discussions seeking assurances from the Indian budget carrier, as it is behind on payments to some aircraft lessors

Private lenders IDFC First Bank and Yes Bank and state-owned Indian Bank have put their loans to SpiceJet Ltd in the high-risk category, the latest setback for the airline, people with knowledge of t… [+1859 chars]

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