Kingfisher Airlines share is 5 per cent up today. This follows reports that the airlines are considering various proposals to reduce debt including selling some property. State Bank of India (SBI), which has the largest exposure to crisis-ridden Kingfisher Airlines, has said Kingfisher must raise fresh equity to the tune of Rs 800-1,000 crore. Only then could banks consider a second restructuring of existing debt or extend fresh advances. For more information on sbi online account opening please visit SBI website.
