{"id":49815,"date":"2018-12-12T10:37:56","date_gmt":"2018-12-12T10:37:56","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=49815"},"modified":"2018-12-12T10:37:56","modified_gmt":"2018-12-12T10:37:56","slug":"extradition-of-mallya-to-speed-up-loan-recovery-sbi","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/extradition-of-mallya-to-speed-up-loan-recovery-sbi\/","title":{"rendered":"Extradition of Mallya to speed up loan recovery: SBI"},"content":{"rendered":"<p>Mumbai<br \/>\nCountry\u2019s largest lender SBI today said extradition of fugitive liquor baron Vijay Mallya from the UK to India will speed up the recovery of over Rs 9,000 crore of loans.<\/p>\n<p>In a major boost to India\u2019s efforts to bring back Mallya, who is wanted for loan default worth around Rs 9,000 crore to a consortium of 13 banks led by SBI, a UK court yesterday ordered his extradition.<\/p>\n<p>\u201cIt is a possibility. The message is very loud and clear. What we have to understand is that it is a message that you just can\u2019t default and run away from the country,\u201d SBI chairman Rajnish Kumar told reporters here.<\/p>\n<p>He said Mallya\u2019s extradition will have a deep impact on the overall lender and borrower relationship.\u201cLending is an important business for both lenders and borrowers as we need investment in the country. But the message is that you have to do clean banking and you have to be very careful about what is the purpose of the money lent,\u201d said Kumar.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Mumbai Country\u2019s largest lender SBI today said extradition of fugitive liquor baron Vijay Mallya from the UK to India will speed up the recovery of over Rs 9,000 crore of loans. In a major boost to India\u2019s efforts to bring back Mallya, who is wanted for loan default worth around Rs 9,000 crore to a [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":49816,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-49815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/49815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=49815"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/49815\/revisions"}],"predecessor-version":[{"id":49817,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/49815\/revisions\/49817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/49816"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=49815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=49815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=49815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}