In an interview to CNBC-TV18, Deepak Narang, executive director, United Bank of India expects the airline to be declared a wilful defaulter in 15-20.
The Calcutta High Court's decision to dismiss United Bank of India 's case to declare Kingfisher Airlines as a wilful defaulter was done on technical grounds, says executive director Deepak Narang.
In an interview to CNBC-TV18, Narang says the bank may reconstitute a committee and expects 15-20 days before the beleaguered airline company is declared a defaulter.
Furthermore, he says the bank as also identified United Breweries Holdings as a wilful defaulter.
"The company had surplus cash even after siphoning off funds that they could have used to repay the bank, but they didn't," he adds.
Additionally, Narang says Jaiprakash Associates owes the bank Rs 100 crore, that is up for payment very soon.
Transcript to follow soon.
United Bank stock price
On December 30, 2014, at 14:09 hrs United Bank of India was quoting at Rs 40.45, up Rs 0.30, or 0.75 percent. The 52-week high of the share was Rs 61.65 and the 52-week low was Rs 23.40.
The latest book value of the company is Rs 64.81 per share. At current value, the price-to-book value of the company was 0.62.
Anda sedang membaca artikel tentang
KFA's defaulter case dismissed on technical grounds: UBI
Dengan url
https://kesehatanda.blogspot.com/2014/12/kfas-defaulter-case-dismissed-on.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
KFA's defaulter case dismissed on technical grounds: UBI
namun jangan lupa untuk meletakkan link
KFA's defaulter case dismissed on technical grounds: UBI
sebagai sumbernya
0 komentar:
Posting Komentar