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KFA Mumbai HQ To Be Auctioned By Lenders

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Kingfisher Airlines’ downfall is an old story now but now lenders are competing to see how much debt can be recovered from the company. Lenders, led by the State Bank of India, have taken possession of Kingfisher's Mumbai headquarters after guarantors owner Vijay Mallya and United Breweries (Holdings) failed to pay dues of over Rs.6,000 crore.