VERIFIEDMint Companies·3 Oct 2026neutral

SBI-led consortium tells Bombay HC Mallya owes over ₹8,700 crore; counters his claim of recovering more than dues

AI Summary

·SBI-led consortium informed the Bombay High Court that ₹8,751.86 crore is still recoverable from Vijay Mallya.
·The banks have recovered ₹10,270 crore to date.
·This statement counters Mallya's assertion that more than his dues have been recovered.