SBI expects significant part from Mallya’s UK assets
Beeps By | Jul 06 2018

The newly appointed MD of SBI Arijit Basu expressed hope of retrieving a significant part from Vijay Mallya’s properties in Hertfordshire. A UK has given permission to seize Mallya’s property in London. Basu said that the bank had already recovered Rs 963 crore from the liquor baron’s Indian assets. Mallya has to repay Rs 9,000 crore.

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