The lenders to struggling Kingfisher Airlines are trying to help it and are open to extending further loans to the carrier, said the leader of a consortium of the airline's banks.
"We are trying to help Kingfisher," State Bank of India Chairman Pratip Choudhuri told Reuters. Asked if banks were open to lending more funds to the cash-starved airline, he said, "everything is on the table". Kingfisher shares rose more than 2% after the SBI chairman's comments. Also read: Kingfisher grounds 15 planes; banks working with airlineDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!