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Vijay Mallya claims he is in talks with banks to clear Kingfisher dues

Nov 25, 2015    

Bengaluru - Kingfisher Airlines chairman Vijay Mallya on Tuesday claimed that he was in talks with banks to settle dues of the defunct airline, saddled with a whopping Rs 6,993 crore loan (excluding interest)."I am focusing on Kingfisher affairs with banks. That is what my current focus is," Mallya told reporters on the margins of the 16th annual general meeting (AGM) of United Spirits Ltd (USL) at his posh UB City.State Bank of India, which leads a consortium of 17 lenders to the company, recently declared the business tycoon-cum-Rajya Sabha independent member a "wilful default...

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