Vijay Mallya Questions Banks Recovering Twice The Debt Amount

Fugitive Vijay Mallya criticized banks for recovering ₹14,131.6 crore against his ₹6,203 crore debt. Mallya claimed he’s entitled to relief unless the Enforcement Directorate justifies seizing double the owed amount. Finance Minister Nirmala Sitharaman highlighted the recovery during a Lok Sabha debate, revealing major cases where ₹22,280 crore in assets were restored to banks, including those of Mallya.