Kingfisher Airlines case: Vijay Mallya mocks banks for saying he still owes them money


Kingfisher Airlines case: Vijay Mallya mocks banks for saying he still owes them money

Posting on twitter a clipping of a news item that reported that IDBI Bank has recovered its entire dues totalling Rs 753 crore from the airlines, Vijay Mallya said, "And the Banks say I owe them money!".

“The industry also needs to stop postponing the inevitable and kicking the can down the road,” Kotak said. “Upfront action with an eye on enduring, sustainable growth, not swayed by quarterly, short-term results is a must for the future of a healthy Indian financial sector.”


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