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1 year ago

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Go First's bank loans to be classified as "bad", but has strong collaterals - sources

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Go First's bank loans to be classified as

Lenders to Go Airlines (India) Ltd will classify their loans to the company as "non performing" in the current quarter, but are hopeful that the collateral backing the credit would reduce the amount of haircut they have to take, two banking sources said on Thursday.

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Go First's bank loans to be classified as "bad", but has strong collaterals - sources

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Go First's bank loans to be classified as "bad", but has strong collaterals - sources

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