#VijayMallya offers to repay Rs 4,000 crore to banks by September 31.
Businessman Vijay Mallya on Wednesday offered to pay Rs 4,000 crore by September 31, 2016 to a consortium of banks, led by the SBI, against an outstanding loan of Rs 9,000 crore.
Mallya offered to pay Rs 2,000 crore upfront and remaining Rs 2,000 crore by September 31, 2016
