SBI is the lead banker in the 17-lender consortium that extended Rs 7,000 crore loans to the now grounded Kingfisher Airlines.
The state-run bank has an exposure of Rs 1,500 crore to the carrier. The debt has not been serviced since January, 2012. To a question, Chaudhuri also said right now SBI is not contemplating any legal action against the carrier as the door for negotiations is still open.
"In order to restart operations, Kingfisher Airlines needs to infuse at least Rs 2,000
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