Kingfisher Airlines has debt of USD $1.3 billion prompts Top Indian lender state not to lend any more money

Posted on March 21, 2012 • Filed under: India, Travel News

Top Indian lender State Bank of India has no plans to lend more to debt-laden Kingfisher Airlines, finance minister Pranab Mukherjee said on Tuesday. Kingfisher has cleared all its tax and interest dues up to August 2011, Mukherjee told lawmakers in a written reply. Read article

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