Banks unwilling to loan money to SpiceJet

Name: Banks unwilling to loan money to SpiceJet
Uploaded: 2018-02-16T16:08:42+00:00
Duration: 1 min 27 s
Channel: Mint
Description: Banks are unwilling to loan money to SpiceJet Ltd, the cash-strapped airline now controlled by billionaire Kalanithi Maran, despite the aviation ministry asking them to lend as much as 600 crore to the airline against guarantees by the promoters.

Mint

Banks are unwilling to loan money to SpiceJet Ltd, the cash-strapped airline now controlled by billionaire Kalanithi Maran, despite the aviation ministry asking them to lend as much as 600 crore to the airline against guarantees by the promoters.

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