London court declares fugitive businessman Vijay Mallya bankrupt, Indian banks can realise debt
Edited By WION Video Desk
Published: Jul 26, 2021, 05:55 IST | Updated: Jul 26, 2021, 05:55 IST
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A court in the United Kingdom has declared Indian fugitive businessman Vijay Mallya bankrupt. This paves the way for a consortium of Indian banks, led by the State Bank of India, to recover debt from loans.
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