Aviation

Recovery of dues from Kingfisher on: SBI chief

BANGALORE

State Bank of India chairperson Arundhati Bhattacharya on Saturday said the process of recovery of dues from Vijay Mallya-promoted Kingfisher Airlines is going on, “but there are legal challenges.”

“Kingfisher is currently a non-operative account and we don’t want to discuss individual accounts. Whatever are the steps necessary for recovery, they are going on, but there are some steps that will take time because there is a legal system to negotiate with, and obviously there are legal challenges. So we are looking at that,” she told reporters here.

Full report here Times of India

 

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