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State Bank of India to bail out Kingfisher: Report

Last Updated: Wednesday, February 22, 2012, 09:57

The newspaper quoted an unidentified source as saying the state-controlled bank had decided to extend a new line of credit, that included Rs 7 billion in short-term working capital and Rs 5 billion in bank guarantees.

No bailout package under consideration for pvt airlines: Govt

Last Updated: Thursday, December 01, 2011, 18:06

Government Thursday said no proposal for any kind of bailout package for loss making private airlines was under its consideration.