Mallya asked to pay â¹80 lakh to Swiss bank in London house case
A UK court has directed Vijay Mallya to pay Â£88,000 (â¹80 lakh) to Swiss bank UBS as part of interim legal costs in a case filed by the bank seeking possession of his London house. UBS alleged that Mallya defaulted on a Â£20.4-million (â¹185 crore) mortgage loan, which expired in 2017. However, Mallya claimed UBS called in the mortgage early.