Vijay Mallya case: Banks aim to recover as much as possible, says SBI MD
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The Economic Times | A Times Internet Limited product
Embattled liquor tycoon Vijay Mallya on Wednesday faced yet another legal battle to prevent a consortium of Indian banks led by State Bank of India (SBI) getting access to nearly 260,000 pounds in a UK bank account.
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Watch Liquor tycoon Vijay Mallya fights back banks' attempt to recover dues in UK With HD Quality
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विजय माल्या की ताज़ा ख़बर , माल्या के खिलाफ सरकार नर्म
क्यों हुए सरकारी वकील साहब नदारद विजय माल्या के केस से?
Is GOVERNMENT taking Vijay Mallya case lightly? Vijay Mallya's Latest News on Whistleblower News India. The views and opinions expressed in this Video and comments on this Channel are of the speakers and/or presenters therein and do not in any way reflect or represent the views and opinions of the Broadcaster of this Channel. The Broadcaster of this Channel cannot be held liable for this Video or the comments or information therein in any manner whatsoever. The Broadcaster of this Video or any person or entity associated with it shall not be held accountable for any copyrighted content therein. The Broadcaster of this Channel cannot vouch, shall not be liable, makes no representation, warrantee or guarantee for the stories, news, information, content, sequence, accuracy, timelines, completeness, truthfulness, positioning, any omissions, errors or inaccuracies, etc. therein, in this Video. The information provided in this Video is for informational purposes only and should not be relied upon as such. The Broadcaster of this Channel shall not be liable for any decision made or action taken or any damage or consequence thereof, in reliance upon the information furnished in this Video.
Watch माल्या के खिलाफ सरकार नर्म | Is GOVERNMENT taking Vijay Mallya
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Vijay Mallya के खिलाफ कोर्ट का सख्त फैसला | Mallya को 4 महीने की हुई सज़ा | Supreme Court | #DBLIVE
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Watch Line Clear For Maga SBI | Central Govt Green Signal To Associate Banks Merger With SBI | iNews With HD Quality
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SBI used to charge Rs. 2 for fund transfers up to Rs. 10,000 through NEFT using internet or mobile banking modes. Now that has been reduced to Rs 1 (excluding 18 per cent GST). For NEFT transactions from Rs 10,000 to Rs 1 lakh, the charge has been reduced to Rs. 2 from Rs. 4 earlier. Similarly, SBI has revised its fees for fund transfers between Rs 2 lakh and Rs 5 lakh through RTGS on its net and mobile banking platform, to Rs 5. This charge was Rs 20 earlier.
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The Economic Times | A Times Internet Limited product
Vijay Mallya has attacked public sector banks once again. “So much so for branding me a thief who stole PSU Bank money and ran away. Banks have made a substantial recovery in the past and also today. All included in my settlement proposal too. Damned if you do and Damned if you don’t is how I am treated,” he tweeted.
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In two separate orders, the special Prevention of Money Laundering Act (PMLA) court has allowed the plea of the SBI-led consortium of banks to restore to it properties collectively worth Rs 5,600 crore of absconding businessman Vijay Mallya. Through an order on May 24, the court restored assets worth around Rs 4,233 crore. Tuesday’s order related to assets worth Rs 1,411 crore. In both orders, the court held prima facie Mallya and his companies were involved in falsification of accounts and funds misappropriation.
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'Banks can take over Vijay Mallya's properties worth Rs 5,600 cr': Mumbai PMLA court
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