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PSBs want ex-billionaire Mallya to be declared bankrupt over $1.52 bn debt He was arrested in London in April 2017 after 17 banks accused him of willfully defaulting on more than Rs 91 billion Current Affairs   :Twelve state-claimed Indian banks are appealing to for ex-very rich person Vijay Mallya to be proclaimed bankrupt over 1.15 billion pounds ($1.52 billion) in unpaid obligations. The banks and a benefit rebuilding organization, drove by the State Bank of India, have taken the head honcho to a London court in what legal counselors have portrayed as “the stopping point” in their long-running fight. Mallya hasn’t paid anything toward the obligation, the banks’ legal advisors told the court Tuesday. It comes as Mallya, who established the now ancient Kingfisher Airlines Ltd., faces removal to his nation of origin of India to deal with misrepresentation indictments. He was allowed authorization to request the choice, which will be heard in February. The liquidat...