Sreenivasan Jain With Inputs From Aishwarya Iyer And Manas Singh

Frustrated by their attempts to recover close to a billion dollars in debt from Vijay Mallya, a consortium of banks have asked him to declare his assets.

Going by their public statements, the only substantial Vijay Mallya assets that banks appear to have in their possession are Kingfisher's corporate headquarters in Mumbai and an assortment of luxury toys like yachts and private jets.

Karti Chidambaram, son of former finance minister P Chidambaram, has refuted newspaper reports linking him to a chain of multi-crore overseas investments.

Frustrated by their attempts to recover close to a billion dollars in debt from Vijay Mallya, a consortium of banks have asked him to declare his assets.

Going by their public statements, the only substantial Vijay Mallya assets that banks appear to have in their possession are Kingfisher's corporate headquarters in Mumbai and an assortment of luxury toys like yachts and private jets.

Karti Chidambaram, son of former finance minister P Chidambaram, has refuted newspaper reports linking him to a chain of multi-crore overseas investments.