Vijay Mallya repeats offer of 100% payback for Indian banks

Embattled liquor tycoon Vijay Mallya took to social media on Monday to lament the collapse of Jet Airways and repeated his offer of a "100 per cent payback" for state-owned Indian banks to cover his now-defunct Kingfisher Airlines' debt. The 63-year-old former Kingfisher Airlines boss is currently appealing against his extradition order from the UK to India.

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