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SBI writes off loans owed by Vijay Mallya’s Kingfisher Airlines

| Nov 16, 2016, 06:07:20 PM
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The State Bank of India has written-off loans of 63 of the top 100 defaulters, while 31 has been written of partially, six were listed as non-performing assets. Former liquor baron and Rajya Sabha MP Vijay Mallya is said to be the biggest 'beneficiary' of the leniency shown by the country's largest public sector bank.