Vijay Mallya , under pressure from banks to repay loans, said he has every intention of honouring commitments, that he has made a new settlement offer to main lender State Bank of India and is hopeful of making quick progress on the matter, according to directors who attended a United Breweries Ltd (UBL) board meeting that he chaired by video-conference.    Even as the Enforcement Directorate is seeking to extradite […]