End of Good Times : United Bank says no hope of recovery from Kingfisher

Oneindia 2017-05-04

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The chairman of United Bank of India, one of the lenders in the consortium, said last week that he had no hope left to recover any significant money from Mallya. Kingfisher owes about Rs 7,000 Crores to banks but The lenders have so far been able to recover just about Rs 1,000 Crores from Kingfisher

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