Reports say Kothari sustained grievous head injuries after slipping in his bathroom. He was said to be alone in his palatial Tilak Nagar house at the time of the incident
Vikram Kothari, managing director of Rotomac Group, passed away in Uttar Pradesh's Kanpur on Tuesday morning
Kothari took loan of Rs. 3.52 billion from Kanpur branch of Allahabad Bank and Rs. 4.85 billion from three other banks: Bank of Baroda, Indian Overseas Bank, and Union Bank of India