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."
Jun 23, 2015, 19:11 PM IST
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.
Aug 09, 2014, 21:15 PM IST
