The Cornwall Terrace property was described as a high class home for Dr Vijay Mallya and his family members and United Breweries Group corporate guests.
This is not the first time that a SBI branch has named and shamed education loan borrowers. In 2013, the Bodinayakanur branch of SBI in Theni district too had displayed photos of students and their parents for defaulting on their educational loans.
Under the new Fugitive Economic Offenders Act, Mallya is the first accused in India to be booked. In 2019, a Mumbai court named Mallya as an offender under the Act, empowering probing agencies to seize his properties and assets the world over.