Political intervention prevented banks from taking action on Mallya?

2,128 views · Published 7 March 2016 · 13:55 · Indexed 11 October 2026

Channel: NDTV India · 2016 · News & Politics

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On Prime Time, we ask whether the industrialists often take corporate loans for granted and then get away without making payments. The Debt Recovery Tribunal in its ruling in favour of creditor banks halted a settlement to be made to liquor baron Vijay Mallya by spirits giant Diageo after he resigned from United Spirits owned by the company. (Audio in Hindi)
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