The consortium of 17 banks led by the State Bank of India, which are exposed to Kingfisher Airlines debt, are meeting tomorrow to discuss the future of their investment. The consortium has an exposure of over Rs. 7,000 crore in advances to the carrier and it has not been paid since January. The airl...
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PIA states requirement for 34 additional aircraft
By
Dino D'Amore
29th July 2014