Vijay Mallya criticises banks for ‘double standards’ after Jet bailout

Embattled liquor baron Vijay Mallya Tuesday lashed out at public sector banks for “double standards” under the current NDA regime for their intervention to bailout Jet AirwaysNSE 3.77 % while the same lenders made his Kingfisher airlinesNSE -11.11 % “fail ruthlessly”.

In a series of tweets reacting to banks led by State Bank of India taking over management control of troubled Jet Airways, Mallya said,”…Only wish the same was done for Kingfisher”.

“Happy to see that PSU Banks have bailed out Jet Airways saving jobs, connectivity and enterprise,” he said.