CBI registers fresh case against Mallya, KFA and UBHL in SBI loan default case

New Delhi, Aug 13 (UNI) The Central Bureau of Investigation (CBI) today registered a fresh case against Vijay Mallya, Kingfisher Airlines, United Breweries Holding Limited (UBHL) and others for allegedly causing a loss of Rs 6,027 crores to consortium of banks led by State Bank of India, an official said.
Sources said Kingfisher Airlines availed of credit facilities between 2005 and 2010. During this period, the company failed to meet its financial repayment commitment to the bank, it had availed the credit facilities.
The Kingfisher Airlines did not keep its account with consortium bank regular and account became Non-Performing Assets (NPA), sources added.

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Tags: #CBI registers fresh case against Mallya # KFA and UBHL in SBI loan default case

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