Kingfisher Airlines Loan Row: Mallya Alleges Banks Recovered More Than Owed, Approaches Karnataka HC
Business tycoon Vijay Mallya has petitioned the Karnataka High Court, seeking detailed loan recovery statements from banks. A report by ANI on Wednesday revealed that although the initial repayment obligation was about ₹6,200 crore, an impressive ₹14,000 crore has already been recovered. Mallya’s legal team contended that even though financial institutions have recovered over ₹10,200…