Vijay Mallya’s Guarantees For Debt Were Overvalued, Says CBI

first_imgCBI has claimed that Vijay Mallya’s United Breweries Holdings LtdNSE -4.76 % (UBHL) had furnished corporate guarantees far in excess of the tangible net worth and market capitalisation of the company and is probing why the banks accepted them without ascertaining their real value.  Related Itemslast_img