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SBI increases loan amount of Vijay Mallya again
Updated On: 05 July, 2016 07:24 AM IST | | Varun Singh
<p>SBI's arm SBICAP Trustee Company limited which is leading the consortium of banks to whom Vijay Mallya's Kingfisher owes money has once again done some magic</p>

Vijay Mallya
SBI's arm SBICAP Trustee Company limited which is leading the consortium of banks to whom Vijay Mallya's Kingfisher owes money has once again done some magic. The loan figure was Rs 6.027 crore in a notice issued by the bank on May 19. However, a similar notice issued by the bank this time for the re-auction of Kingfisher house on Saturday brought back the figure to the original 6,963 crore. For the last one month, the bank hasn't been able to tell us whether it was a typo or some other mistake. The difference in the amount was a huge Rs 936 crore.

Vijay Mallya
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