Former IDBI chairman arrested in Mallya loan default case
The Central Bureau of Investigation on Monday arrested former IDBI Bank Chairman Yogesh Aggarwal and three ex-executives, along with four executives of Kingfisher Airlines in the loan default case involving Vijay Mallya. The CBI alleged that IDBI Bank extended loans worth ₹900 crore at low interest rates to Kingfisher Airlines when it had negative credit ratings, CBI sources said.