NPA files on NewsX: Adigear International owes Rs 39 cr to State Bank of India

NewsX 2018-04-10

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Today is day 48 of the 100 day NewsX campaign. This is a story of how one of India’s leading sports apparel manufactures went bust, leaving a trail of unpaid loans in its wake. This NPA investigation emerges as an example of how when things start going wrong. Desperate owners start becoming financial criminals if auditors did their jobs, perhaps the NPAs could be caught earlier and kept smaller.

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