Vijay Mallya loan issue

Vijay Mallya loan settlement case: Banks seek govt cover to clinch deal

Banks in India have expressed their willingness to settle the loan deal with absconding liquor baron Vijay Mallya provided there is a government cover to it

May 17, 2016, 09:10 AM IST

Banks will recover every penny given to Vijay Mallya: FM Jaitley

Amid a raging row over Vijay Mallya fleeing the country, Finance Minister Arun Jaitley on Thursday said the banks will recover every penny of loan given to him and investigative agencies will take strong action against the liquor baron wherever he is found to have violated the law.

Mar 17, 2016, 13:28 PM IST