IDBI Bank issues public notice on Vijay Mallya as 'wilful defaulter'

IDBI Bank NPA Management Group in Mumbai issued a public notice about wilful defaulter with the now defunct Kingfisher Airlines as the borrower and Vijay Mallya as the director and guarantor. Vijay Mallya is currently in London and the Indian government has initiated legal proceedings to seek his extradition.

from Banking/Finance-Industry-Economic Times https://ift.tt/2NM2Tn6