March 12, 2026 02:44 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Supreme Court allows first-ever passive euthanasia for 32-year-old man in coma for 13 years | As Iran-US war disrupts global gas supply, India issues guidelines to manage shortages | LPG crisis hits metros: Commercial cylinder shortage triggers panic as govt prioritises domestic supply | Iran war disrupts LPG supplies, restaurants in major Indian cities edge towards shutdown | ‘How dare you question judicial officers?’: SC raps Bengal SIR pleas, orders appellate tribunals for voter list appeals | 'Book withdrawn': NCERT apologises for controversial judiciary chapter after Supreme Court ban | Indian stock market surges as Brent crude dips below $100 after Trump’s Iran remarks | Australia grants asylum to five Iranian women footballers after anthem protest; Albanese says ‘they are safe here’ | Trump administration labels Afghanistan ‘state sponsor of wrongful detention’ | Trump threatens Iran with ‘20 times harder’ strike if oil flow through Strait of Hormuz is disrupted

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

| | Aug 10, 2014, at 07:43 pm
#CBI probes Rs. 900 cr loan given to Kingfisher Airlines by IDBI
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.
 

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: CEC Gyanesh Kumar offers prayers at Dakshineswar Temple in Kolkata
In Images: CEC Gyanesh Kumar offers prayers at Dakshineswar Temple in Kolkata Mar 10, 2026, at 01:22 pm
In Images: Prez Murmu attends the 9th International Santal Conference at Darjeeling
In Images: Prez Murmu attends the 9th International Santal Conference at Darjeeling Mar 08, 2026, at 02:47 am
In Images: Mamata Banerjee holds dharna in Kolkata over SIR issue
In Images: Mamata Banerjee holds dharna in Kolkata over SIR issue Mar 06, 2026, at 06:25 pm
Related Videos
Delhi civic body demolishes house linked to Holi murder case Mar 10, 2026, at 05:01 pm
Mamata Banerjee holds dharna over SIR in Kolkata Mar 06, 2026, at 03:41 pm
Fire at Dudhia in Kurseong Feb 26, 2026, at 03:54 pm