SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore After Recoveries
A consortium of lenders led by the State Bank of India has said fugitive businessman Vijay Mallya still owes Rs 8,752 crore, even after recoveries of more than Rs 10,270 crore through repayments and asset sales. The disclosure complicates Mallya’s long-running claim that he has settled his bank liabilities and underscores that recovery proceedings and criminal cases remain active.
