Mumbai International Airport Limited (MIAL), also known as the Chhatrapati Shivaji International Airport, has been severely hit by the Covid-19 pandemic and has sought an extension in the payment holiday on loans till March 2022. According to reports, the airport has sought a reduction in interest rates for all loans and additional term loans for the period ending March 2021. MIAL has submitted a proposal for restructuring existing loans and working capital facilities and applied for restructuring its real estate deposit loan.
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