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Have recovered ₹963 cr from Mallya's assets in India: SBI MD
short by Manaya Bagga / on Friday, 6 July, 2018
SBI MD Arijit Basu has said the 13 Indian banks' consortium has recovered ₹963 crore from the auction of Vijay Mallya's Indian properties. His statement comes after a London court granted an enforcement order in favour of Indian banks to seize Mallya's assets in the UK. "Very hopeful that going forward we'll be able to recover our money," Basu added.
read more at Bloomberg Quint