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SBI welcomes UK court’s order to recover dues from Vijay Mallya

UK court had passed the order in favour of a consortium of 13 Indian banks seeking recovery of dues from Mallya. Vijay Mallya is fighting extradition on charges of fraud and money laundering to the tune of Rs 9,000 crore.

SBI MD Arijit Basu expressed confidence that the final decision will be very fair to banking system.

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