How much loan does Mr. Mallya owe to the banks exactly

Know here about what amount of Loan Mr. Vijay Mallya Owe to the Public & Private Sector Banks : Mr. Mallya is reported to have left India on March 2, 2016 to live in his mansion In United Kingdom. But, as per his tweets, he has gone only for some business purpose and would definitely return and conform to the laws and orders applicable on him. There has been a burning discussion on media channels as how the banks have not been able to recover the money from Mr. Mallya even after years of his default nor any strict recovery action has been taken against him, whereas, our farmers commit suicide in the country on getting default against the loans taken from banks and being threatened by the banks’ recovery team officials.

The liquor baron reportedly owes over Rs 7,000 crore to banks. But how much does he exactly owe to each bank?

amount of loan mr. mallya owes to banks
Vijay Mallya

Let’s take a look at the top lenders banks to Vijay Mallya :

State Bank of India – Rs 1,600 crore

Punjab National Bank – Rs 800 crore

IDBI – Rs 800 crore

Bank of India – Rs 650 crore

Also Read : What is IMPS ? How to online fund transfer using mobile

Bank of Baroda – Rs 550 crore

United Bank of India – Rs 430 crore

Central Bank of India – Rs 410 crore

UCO Bank – Rs 320 crore

Corporation Bank – Rs 310 crore

State Bank of Mysore – Rs 150 crore

Indian Overseas Bank – Rs 140 crore

Federal Bank – Rs 90 crore

Punjab & Sind Bank – Rs 60 crore

Axis Bank – Rs 50 crore

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