Vijay Mallya still owes Rs 7,000 crore, claim banks

Despite Vijay Mallya’s claims of settling his debts, the government and banks assert that he still owes a substantial amount. While banks have recovered Rs 10,815 crore from Kingfisher Airlines’ dues, a gap of Rs 6,997 crore remains. Mallya’s assertions appear to consider only the principal amount, neglecting accrued interest and penal charges, as lenders continue recovery efforts.