Moneycontrol PRO

business

Lenders have decided to support aviation sector: BoI

In an interview with CNBC-TV18, N Seshadri, ED of Bank of India says lenders have decided to support the ailing aviation sector. He says banks will not convert debt into equity as of now.

first published: Jan 18, 2012 12:24 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347