CBI Details How Kingfisher 'Misused' Rs. 900-Crore Loan From IDBI | Read

PUBLISHED ON: March 9, 2016 | Duration: 2 min, 52 sec

   
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Though Kingfisher Airlines was in acute financial distress in 2009, owner Vijay Mallya managed to get a 900-crore loan from state-run bank IDBI, which ignored warnings from some of its officers to hastily and unusually clear the massive amount in just a month, according to the country's top investigating agency.
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