Mallya’s wilful defaulter tag casts shadow on MCF open offer
New Delhi, State-run United Bank of India on Monday became the first lender to declare debt-ridden KingfisherAirlines and its promoter Vijay Mallya as wilful defaulters. “We have declared Vijay Mallya and three other directors of Kingfisher Airlines as wilful defaulters,” United Bank of India executive director Deepak Narang said. The Grievance Redressal Committee (GRC) ofRead More