Tag Archives: loan recovery

“Vijay Mallya Files Petition in Karnataka High Court Over Alleged Excess Loan Recovery by Banks”

Vijay Mallya Challenges Excess Loan Recovery by Banks in Karnataka High Court

Fugitive businessman Vijay Mallya has approached the Karnataka High Court with a plea challenging the recovery of loans by Indian banks, claiming they have collected more than double the amount owed. Mallya, who is currently residing in London, is contesting the recovery of ₹14,000 crore by banks, despite his debt originally amounting to ₹6,200 crore.

Read More »