ISSN: (Online) 2321 -4155
ISSN: (Print) 2320 -7000

JOURNAL OF INDIAN RESEARCH
VOLUME : 1, ISSUE : 3 July-September, 2013 (ISSN No. : 2321-4155)
 
CREDIT RISK MANAGEMENT IN INDIAN AIRLINES
Supreet Kaur Gaba
 
ABSTRACT
Implementation of globalization policy and the abolishment of License Raj has led to the opening up of Indian Markets to the world. This in turn has brought a new wave of industrial growth in the Indian domestic sector. Airline Sector is one such sector which has hugely gained from the new liberal spirit over the past three decades. The figure of annual domestic passenger at an estimated 6 crores in 2000 is a record growth from mere 2.6 crores in the year 2006. This trend augured well. However, with new Airline companies coming into the market and the lack of finances in the execution, created blunder after blunder in the aviation sector. This paper is an attempt to bring out the reasons for the collapse of Kingfisher Airline and highlight the general need and adequacy of Credit Risk Management in Indian Airline Industry.
 
KEYWORD
Automated Online Risk (AOR), Credit Policy and Management, Credit Risk Management, Customer Service Platforms (CSP), Debt Recovery Tribunal (DRT), External Commercial Borrowing (ECB), Indian Airline, Kingfisher, Reserve Bank of India (RBI), Debt Recovery Tribunal.
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