ReferIndia News SpiceJet Receives Rs 150 Crore First Tranche Of ECLGS Funding From Bank of India

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SpiceJet Receives Rs 150 Crore First Tranche Of ECLGS Funding From Bank of India

Published on: June 20, 2026, 2:19 p.m. | Source: NDTV Profit

The amount marks the first tranche of a proposed Rs 500 crore funding package being processed for the airline under the government-backed credit guarantee scheme. The remaining Rs 350 crore is expected to be disbursed in phases, sources said.

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