BusinessVijay Mallya Says Ready To Talk To Banks For One-Time Settlement
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Vijay Mallya Says Ready To Talk To Banks For One-Time Settlement
Vijay Mallya in a tweet has asked for a one-time settlement of dues
Earlier banks had rejected Mr Mallya's offer for one-time settlement
Kingfisher Airlines owes more than Rs. 9,000 crore to various banks
New Delhi: The embattled liquor baron Vijay Mallya today took to Twitter saying he is ready to negotiate with banks to pay a one-time settlement charge on Rs 9,000-crore loan default.
"Public sector banks have policies for one-time settlements. Hundreds of borrowers have settled. Why should this be denied to us? Our substantial offer before the honourable Supreme Court was rejected by banks without consideration. (I) am ready to ta...