The loan, which was acquired in 2012, saw its final installment of ?250 million ($3 million) settled on June 30th, leading to the release of all securities held by the bank. This repayment signals an improvement in the airline's financial stability and has positively impacted its market reputation. In response to the news, SpiceJet's shares experienced a notable surge, rising by 13% to ?30.9 per share on Monday.