Tuesday 9 October 2012

Kingfisher Airlines not a systemic risk: KC Chakrabarty

Top India Stories From WSJ: Push to Rein In Government Spending, Regulator ...
Wall Street Journal (blog)
India May Cancel Kingfisher License: India's aviation regulator may cancel Kingfisher Airlines Ltd.'s license if it isn't satisfied with the company's plans to carry on operations, Civil Aviation Minister Ajit Singh said Monday, as the cash-strapped ...
Kingfisher Airlines not a systemic risk: KC Chakrabarty
Economic Times
MUMBAI: The debt-laden Kingfisher Airlines, which owes 17 banks about Rs 7,000 crore, does not pose any systemic risk, RBI Deputy Governor K C Chakrabarty said today. When asked about the troubles at Kingfisher Airlines, Chakrabarty said that "it does ...

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