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News
Kingfisher Airlines loan
Kingfisher Airlines loan News
Kingfisher Airlines
23 Jun 2015
UBI ''serious'' to recover money from Kingfisher Airlines
In the recent AGM of the Kolkata headquartered bank, managing director and CEO P. Srinivas said: "We are fighting a legal battle against them (Kingfisher Airlines) beyond the consortium and we have already declared their corporate guarantor as willful defaulter."
CBI
09 Aug 2014
CBI launches initial probe into IDBI loan to Kingfisher
The Central Bureau of Investigation (CBI) is investigating a loan made by state-run IDBI Bank Ltd to debt-laden Kingfisher Airlines worth 9.5 billion rupees (USD155.38 million), a police spokeswoman said on Saturday.
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