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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.
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