Vijay Mallya losses UK lawsuit over Rs 10,000 Crore

Updated: May 8, 2018 11:12 PM IST

In a major setback, liquor Baron Vijay Mallya on Tuesday lost a UK lawsuit filed by the Indian banks seeking to collect more than 1.15 billion pounds (over Rs 10,000 crore). A consortium of 17 banks led by State Bank of India has filed a case to recover loans from Vijay Mallya.



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