King of bad times: This is how much Vijay Mallya owes banks!

From a 'Sweetheart deal' of $75 million with Diageo turning sour to the Supreme Court issuing notice, nothing seems to be right for the once 'King of good times' Vijay Mallya.

Updated: Mar 09, 2016, 17:22 PM IST
King of bad times: This is how much Vijay Mallya owes banks!

Zee Media Bureau

New Delhi: From a 'Sweetheart deal' of $75 million with Diageo turning sour to the Supreme Court issuing notice, nothing seems to be right for the once 'King of good times' Vijay Mallya.

A consortium of PSU banks led by the State Bank of India had called on the apex court to refuse the beleaguered business to leave India.

 

The top-state lender had even sought the arrest of Vijay Mallya in the loan default case.

The liquor baron reportedly owes over Rs 7,000 crore to banks. But how much does he exactly owe to each bank?

Let's take a look at the top creditors to Vijay Mallya:

 

State Bank of India – Rs 1,600 crore

Punjab National Bank – Rs 800 crore

IDBI – Rs 800 crore

Bank of India – Rs 650 crore

Bank of Baroda – Rs 550 crore

United Bank of India – Rs 430 crore

Central Bank of India – Rs 410 crore

UCO Bank – Rs 320 crore

Corporation Bank – Rs 310 crore

State Bank of Mysore – Rs 150 crore

Indian Overseas Bank – Rs 140 crore

Federal Bank – Rs 90 crore

Punjab & Sind Bank – Rs 60 crore

Axis Bank – Rs 50 crore

 

With PTI Inputs