SBI Cap initiates steps to sell Kingfisher House, the HQ of grounded airline, in Mumbai

SBI Cap initiates steps to sell Kingfisher House, the HQ of grounded airline, in Mumbai

Photo: Mint

SBICAP Trustee Co. Ltd, a wholly-owned subsidiary of investment bank SBI Capital Markets Ltd (SBI Cap), has initiated the process for selling Kingfisher House, the headquarters of grounded airline Kingfisher Airlines Ltd, as part of its efforts at recovering loans from its promoter Vijay Mallya.

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