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HDFC Bank opposes SBI's plea to liquidate 6.6 million USL shares

Updated : March 28, 2019 10:11 PM IST

The special PMLA (Prevention of Money Laundering Act) court did not take up the petition and fixed April 2 for the next date of hearing.
The banks are trying to part-recover the Rs 6,203.35 crore of dues along with annualized interest of 11.5 per cent payable since 2013, by liquidating the confiscated assets of Mallya, who is awaiting an extradition case at the London High Court now.
HDFC Bank opposes SBI's plea to liquidate 6.6 million USL shares

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