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VISA AIRWAYS TO GET CENTRAL BANK FUNDING (Rs8 crore funding is in the form of term loans, trade guarantees and cash credit requirements).
(From India Business Insight)
Visa Airways, a regional airline based in Mumbai, has achieved financial closure with the Central Bank of India sanctioning funds of Rs8 crore for the project.
The funding will be in the form of term loans, trade guarantees and cash credit requirements. The loan covers pre-launch and pre-operative expenses and has been structured …
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