Oh thats a good news for him if the banks done favour to him his planes will run.
if his planes runs , he earns money to add to his assets..i don't understand why the banks and government was eager to give him the not so important loan..........
now further help to mallya from the sahara group............
The Sahara group is believed to give a loan of more than Rs 2.5 bn to KF, to help the carrier continue operations.
Sahara group or any other entity can make any such commercial arrangements but it is completely different and undesirable for the government to put pressure on banks to bail out Kingfisher!
