Question

    Axis Bank became the first Indian bank to execute an

    aircraft financing transaction through which financial hub?
    A Mumbai International Finance Centre Correct Answer Incorrect Answer
    B Dubai International Financial Centre (DIFC) Correct Answer Incorrect Answer
    C GIFT City IFSC Correct Answer Incorrect Answer
    D London Stock Exchange Hub Correct Answer Incorrect Answer
    E Singapore Exchange (SGX) Correct Answer Incorrect Answer

    Solution

    Axis Bank executed an aircraft financing deal via GIFT City IFSC, financing 34 training aircraft for AI Fleet Services Ltd. (Air India subsidiary), marking a major milestone in India’s aviation finance ecosystem.

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