Tag: Indian banks

Mallya repeats offer of 100 per cent payback for Indian banks

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London : Embattled liquor tycoon Vijay Mallya took to social media on Monday to lament the collapse of Jet Airways and repeated his offer of a “100 per cent payback” for state-owned Indian banks to cover his now-defunct Kingfisher Airlines’ debt. The 63-year-old former Kingfisher Airlines (KFA) boss is […]

India to merge three state-owned banks to tackle sour debt

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open view web desk NEW DELHI  – India plans to merge three state-run banks, Bank of Baroda, Dena Bank and Vijaya Bank, the financial services secretary said on Monday, as part of efforts to clean up the country’s banking system. The government will continue to provide capital support […]

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