NPA files on NewsX: MVL industries Ltd owes NPA amount of Rs 9 crore to State Bank of Mysore

Today is day 72 of the relentless NewsX NPA campaign. Today we bring to you a case of a major real estate company. The director of this company allegedly began defaulting on loans back in the 1980's.Taking years to pay the banks back. It's been 32 years since. He has 22 other companies under his name and all with the same story. Multiple firms, multiple loans, one director. Let's have a look at the report before we have this conversation.