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UBI serious about recovering Kingfisher dues: Srinivas

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Press Trust of India Kolkata
United Bank of India is serious about recovering the dues from Vijay Mallya's defunct Kingfisher Airlines against which it was fighting a legal battle, an official of the public sector lender said.

"We are extremely serious about recovering our money from not only Kingfisher Airlines but from all NPA borrowers", UBI MD and CEO P Srinivas said in a statement.

He said that the bank was fighting a legal battle against the defunct airline and already declared their corporate guarantor a wilful defaulter.

UBI would give more focus on the SME and retail segments, he said.

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First Published: Jun 23 2015 | 8:22 PM IST

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