Sunday, August 14, 2011

Air India still a ‘standard asset’ for SBI

New Delhi: State Bank of India is not worried about its loan exposure to Air India despite some financial turbulence in the state-owned carrier.
“As of now, Air India exposure is not something we are losing sleep over,” Mr Pratip Chaudhuri, SBI Chairman, said here.
Currently, SBI has an overall exposure of Rs 1,200 crore to Air India.
14/08/11 KR Srivats/Business Line
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