July 07, 2026 07:05 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
China tests ballistic missile from nuclear submarine in Pacific: Australia, New Zealand respond | Baruipur horror: Main accused in alleged rape and murder of minor girl arrested; senior cops dissatisfied with handling of the case | Defence stocks jump after Rs 52,000 crore DAC approval sparks buying frenzy | 'Harry Kane is a great player': Donald Trump after England knocked Mexico out of the World Cup | 'Referee gave a lot against us': Harry Kane reacts after England's dramatic win over Mexico | England hold nerve with 10 men to knock out Mexico in five-goal World Cup classic | 'Why can't citizens protest against the government? They are being made slaves by slapping cases': Bombay HC slams Mumbai Police, quashes activist's externment | 'First he cheats on me...': Siya Goyal's old pub video goes viral amid probe into fiancé Ketan Agarwal's alleged murder | Ronaldo's goal, Ramos' last-gasp winner send Portugal past Croatia, set up Spain clash | India-US trade deal almost done! Piyush Goyal hints at breakthrough

CBI probes Rs. 900 cr loan given to Kingfisher Airlines by IDBI

| | Aug 10, 2014, at 07:43 pm
New Delhi, Aug 10 (IBNS): The Central Bureau of Investigation (CBI) on Sunday started a probe into Rs 900 crore loan given by the IDBI Bank to the now defunct Kingfisher Airlines, reports said.
The loan was given in 2009 despite an internal bank report stated that the aviation company's financial position was unsatisfactory .
 
The report was reportedly prepared by the bank in November 2009 on Kingfisher's request for a loan of Rs 150 crore for six months.
 
The CBI will now probe why the bank took the risk despite its own report. 
 
The probe agency is also likely to examine UB Group Chairman Vijay Mallya.
 
#CBI probes Rs. 900 cr loan given to Kingfisher Airlines by IDBI

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
In Images: Kolkata football fans protest at Esplanade over Baruipur rape and murder case
In Images: Kolkata football fans protest at Esplanade over Baruipur rape and murder case Jul 07, 2026, at 12:29 am
In Images: PM Modi arrives in Indonesia, receives warm welcome by Indian diaspora
In Images: PM Modi arrives in Indonesia, receives warm welcome by Indian diaspora Jul 06, 2026, at 11:47 pm
In Images: Mamata Banerjee holds candlelight march over Baruipur minor's alleged rape-murder
In Images: Mamata Banerjee holds candlelight march over Baruipur minor's alleged rape-murder Jul 06, 2026, at 07:50 pm
Related Videos
‘Gold Mine’ Unearthed at Residence of Tina, Close Associate of Sabyasachi Dutta Jun 23, 2026, at 01:14 pm
Kolkata dazzles with spectacular laser show on Howrah Bridge ahead of International Yoga Day Jun 23, 2026, at 01:11 pm
Italy does not beg: Meloni blast Donald Trump over G7 photo claim Jun 19, 2026, at 10:27 pm