(a) whether the Union Government has asked Public Sector Banks (PSBs) to submit details about their lending to airlines companies;
(b) if so, the details thereof and reasons therefor; and
(c) the present status thereof?
(a) whether the Union Government has asked Public Sector Banks (PSBs) to submit details about their lending to airlines companies;
(b) if so, the details thereof and reasons therefor; and
(c) the present status thereof?
The Minister of State in the Ministry of Finance (SHRI NAMO NARAIN MEENA)
(a) to (c): The Airline Industry has been pointing out to the Government the constraints
that are being faced by them. Government has requested the Public Sector Banks to indicate
their exposure to the Airline Industry. In the meanwhile, the Indian Banks` Association has
taken up the matter with the Reserve Bank of India.