Preliminary talks on a possible rescue of grounded budget carrier Go First through the insolvency process have been initiated with a few financial investors, including a leading global private equity fund, said people with knowledge of the matter. Bulk borrowing rates for the government and corporates are set to reduce in the short term as Friday’s central bank move to withdraw India’s highest denomination banknotes of ₹2,000 from the markets is expected to boost banking system liquidity.