Announced Sat, 18 Jul · 19:19 IST

Cash credit account with Bank of Maharashtra remains classified as NPA

Loan NpaCredit & Debt View source PDF

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AI summary

Vishvprabha Ventures reports that its Cash Credit facility with Bank of Maharashtra, classified as NPA on 25 April 2026, remains unresolved. The company disputes the classification, believes it is not in line with applicable norms, and has requested review and upgradation. Despite 30 days lapsing, the bank has not offered a satisfactory explanation. The company has now filed a formal complaint with the RBI Banking Ombudsman, registered as complaint N202627013010244 dated 17 July 2026.

Likely market impact

Continued NPA tag may restrict credit access and signals underlying financial stress. Dispute route could prolong resolution; shareholders should watch for updates.