Punjab National Bank (PNB) had declared United Breweries Holdings, Kingfisher Airlines and Vijay Mallya as willful defaulter.
- State Bank of India had also declared Mallya, Kingfisher Airlines and its holding company United Breweries Holdings as wilful defaulters in November 2015.
- For recovery bank conglomerate led by SBI had decided to auction Kingfisher House in Mumbai on March 17 to recover a part of Rs 6,963 crore
- Punjab National Bank had an exposure of Rs 800 crore to the redundant carrier.
No comments:
Post a Comment