What Made IDBI Give Rs 900 Crore To Vijay Mallya? Curious Case Of 2 Notes | Read
PUBLISHED ON: March 23, 2016 | Duration: 2 min, 20 sec
When Vijay Mallya's Kingfisher Airlines was given a 900-crore loan by state-run lender IDBI, it was already entangled in a full-blown financial crisis. The loan was granted in 2009 - in March that year, the airline had declared losses of nearly 1,600 crores.