Moneycontrol PRO
Outskill Genai

business

Banks to invoke personal guarantee of Mallya for KFA loans

CNBC-TV18's Gopika Gopakumar reports that after the sale of pledged shares, lenders have now invoked the guarantees provided by Kingfisher Airlines which consists of a personal guarantee of Vijay Mallya and the corporate guarantee of UB Holdings.

first published: May 2, 2013 08:11 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347