Govt reveals 15 fugitive economic offenders, including Vijay Mallya, owe Rs 58K cr to banks
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News18 English•01/12/2025
Govt reveals 15 fugitive economic offenders, including Vijay Mallya, owe Rs 58K cr to banks
- •15 fugitive economic offenders owe Rs 58,082 crore to banks.
- •Vijay Mallya and Nirav Modi among the offenders.
- •Nine offenders linked to frauds against public sector banks.
- •Rs 19,187 crore recovered from offenders till October 31.
- •Two offenders settled loans under One Time Settlement.
Why it matters: This affects you because massive bank losses can impact the economy and public funds.
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