Banks back in UK court to pursue Mallya bankruptcy order

A consortium of Indian banks led by the State Bank of India (SBI) was back for a high court hearing in London on Friday in pursuit of a bankruptcy order against embattled liquor tycoon Vijay Mallya, as they attempt recovery of debt from loans paid out to his now-defunct Kingfisher Airlines.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3aAemCm