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Vijay Mallya's Bad Loans waived by SBI - Tv9

Wed, Nov 16, 2016, 03:15 PM
SBI has taken a sensational decision to waive the 63 intentional defaulters bad loans worth Rs 7,106 crores including Liquor King Vijay Mallya's bad loan worth Rs 1,201 crores. TV9 Business Editor Sukumar while talking to media pointed out this decision of SBI as wrong because all these defaulters are in a good position with acquiring personal properties and also said that this decision of SBI to write off the loans of Big people will cause problems for Start Ups and Small Business people in taking loans.
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