Cash and Cash Equivalents

12 Months Ended

Mar. 31, 2024

Cash and cash equivalents [abstract]

Cash and Cash Equivalents

22)CASH AND CASH EQUIVALENTS

	As at March 31
Particulars	2023		2024
Cash in hand		80		158
Funds in transit		37,878		58,874
Bank balances		168,779		148,762
Term deposits		77,281		119,271
Total		284,018		327,065

As of March 31, 2024, bank balances include USD 774 (March 31, 2023: USD 453) against which mainly letters of credit and bank guarantees have been issued to various airlines.

Funds in transit represents the amount collected from customers through credit cards/net banking which is outstanding as at the year end and credited to Group’s bank accounts subsequent to the year end.

The Group’s exposure to currency risk, credit risk and interest rate risk along with sensitivity analysis for financial assets is disclosed in note 5 and 34.