IDBI Bank says not being probed over Kingfisher loan

CBI on Saturday had said it is initiating probe against both companies

State-run lender IDBI Bank Ltd said on Tuesday it is not being investigated by the Central Bureau of Investigation (CBI) over a loan to the now-grounded carrier Kingfisher Airlines.

The CBI has launched an initial probe over the loan against both the companies, a spokeswoman for the agency had said on Saturday.

"The preliminary enquiry initiated by CBI a few months ago is against the borrower...and not against IDBI Bank, as reported in the media," the lender said in a stock exchange filing.

"The Bank has been providing all the information and documents sought by the agency in the matter and will continue to extend full assistance to the agency in the said enquiry," it said.