Vijay Mallya case: Banks aim to recover as much as possible, says SBI MD

In a major victory for banks in a bid to recover assets of fugitive tycoon Vijay Mallya, an enforcement court in United Kingdom gave order to use reasonable force to enter the property if necessary. State Bank of India Managing Director Arijit Basu said that bankers are happy with this progress. “Our aim is to recover as much assets that we can from Vijay Mallya”, said Arijit Basu.