Tag Archives: State Bank of India
Banks give 15-days revival plan, may sell Vijay Mallya’s Goa villa
One by one more blow has been raise on the debt laden KFA as today, source reported, all the banks from them airline had raised the loans decided to sell off Kingfisher’s non-core assets to recover their debts. In the list of Kingfisher’s non-core assets, Mumbai’s House of Kingfisher and CEO Vijay Mallya’s villa in [...]
Yet no decision on loans to Kingfisher Airlines by SBI
Kingfisher, the downing on ground career, should have raise its equity itself, if it wants fresh loans from State Bank of India (SBI) for reengineering its business process, as stated by a senior officer of the state-owned bank. Deputy managing director R Venkatachalam announced firm statement about riding to Kingfisher’s rescue on Saturday, he said, [...]
