Kingfisher dues to PSU banks over Rs 5,600 cr: Govt

Cash-strapped Kingfisher Airlines owed over Rs 5,600 crore to public sector banks as on February this year, the government has said.

The consortium of 13 PSU banks, including State Bank of India, have an exposure of Rs 5,608.07 crore to Kingfisher Airlines (KFA) as on February 2012, Minister of State for Finance, Mr Namo Narain Meena said in a written reply in Lok Sabha last Friday. SBI alone has an exposure of Rs 1,408.45 crore to KFA.

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