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Banks are trying to help Kingfisher: SBI chief

News18

Updated: December 19, 2011, 7:25 PM IST
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Banks are trying to help Kingfisher: SBI chief
Kingfisher shares rose more than 2 per cent after the SBI chairman's comments.

Mumbai: The lenders to struggling Kingfisher Airlines are trying to help it and are open to extending further loans to the carrier, said the leader of a consortium of the airline's banks.

"We are trying to help Kingfisher," State Bank of India Chairman Pratip Choudhuri said.

Asked if banks were open to lending more funds to the cash-starved airline, he said, "everything is on the table".

Kingfisher shares rose more than 2 per cent after the SBI chairman's comments.

First Published: December 19, 2011, 7:25 PM IST
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