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Vijay Mallya says he is ready to talk to banks for one-time settlement. The embattled liquor baron Vijay Mallya today took to Twitter saying he is ready to negotiate with banks to pay a one-time settlement charge on Rs 9,000-crore loan default.

"Public sector banks have policies for one-time settlements. Hundreds of borrowers have settled. Why should this be denied to us? Our substantial offer before the honourable Supreme Court was rejected by banks without consideration. I am ready to talk settlement on fair basis," Mallya said in a tweet.

Mallya added that he has "humbly obeyed every single court order without exception and seems as if government is bent on holding me guilty without fair trial".

"The allegations against me by the Attorney General before the Supreme Court only prove the attitude of the government against me," he said.

A bench of Justices Adarsh Kumar Goel and U U Lalit put forth the queries during the day long hearing following which it reserved the orders on two pleas from lenders seeking contempt action against Mallya and a direction to him to deposit USD 40 million received from offshore firm Diageo. your social media marketing partner