Vijay Mallya's holiday meeting with IDBI bank's ex-CMD led to hasty sanction of Rs 350 crore loan: ED - Times of India
Two initial tranches of loan worth Rs 350 crore were hastily disbursed by IDBI bank to Kingfisher Airlines after a "holiday" meeting between liquor baron Vijay Mallya and the then bank CMD as both organisations "criminally conspired" to clear the entire deal despite weak financials of the airline.
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