..............“There was no need for the bank to take the exposure when other banks’ loans (to the airline) were getting stressed,” the CBI official said. “Along with other lenders to Kingfisher Airlines, CBI also asked us for details about the loan account. Most of the information has already been furnished. A few documents will be handed over to agency in the next few days,” said a senior IDBI Bank executive who did not wish to be named..........
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