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Axis Bank executes aircraft financing deal from GIFT City IFSC unit

by Robert Van Pash (Editor)
March 7, 2025
in Air India
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Axis Bank did not disclose the size of the loan. File
| Photo Credit: Reuters

Axis Bank said it has become the first Indian bank to execute an aircraft financing transaction through its International Banking Unit (IBU) at GIFT City IFSC. The bank did not disclose the size of the loan. 

The deal was completed for AI Fleet Services Limited (AIFS), the leasing arm and wholly owned subsidiary of…

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