SBI-led lenders state Vijay Mallya owes Rs 8,752 crore more

SBI-led lenders state Vijay Mallya owes Rs 8,752 crore more

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A consortium of lenders led by the State Bank of India has stated that Vijay Mallya still owes Rs 8,752 crore despite recovering over Rs 10,270 crore so far. This development challenges Mallya's claims of having settled his debts. Court proceedings and criminal investigations by the Enforcement Directorate are ongoing regarding the recovery and related charges.

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Originally published by gnews