Thursday, May 23rd 11:09 AM IST

Banks decide to start recovery of Kingfisher Airlines loans

Banks decide to start recovery of Kingfisher Airlines loans.

Lenders to start recovery of Kingfisher Airlines' loans

Feb 13, 2013    

REUTERS - Lenders to grounded Kingfisher Airlines(KING.NS) have decided to take initial steps towards recovering $1.4 billion of loans in default after the company failed to come up with a viable funding plan."How long can we wait?" said Shyamal Acharya, deputy managing director at State Bank of India, after a meeting of lenders late on Tuesday. The bank is the leader of the 17-bank ...

Read More

 Kingfisher Airlines Videos.
RELATED TO.
New Delhi

New Delhi

PLACE
Vijay Mallya

Vijay Mallya

PERSON
Air India

Air India

ORGANIZATION