Cornered Vijay Mallya hikes bank settlement offer to Rs 6,868 crore

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Facing a non-bailable arrest warrant, liquor baron Vijay Mallya on Thursday told the Supreme Court that he was prepared to deposit an additional Rs 2,468 crore over and above the earlier offer of Rs 4,400 crore against the demand of Rs 9,000 crore by a consortium of banks led by State Bank of India (SBI).

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