Dombivali City Cooperative Bank has issued an advertisement in a local Marathi newspaper declaring Kambli and his wife Andrea as defaulters for failing to pay instalments for the loan taken by them, media reports said on Saturday.
According to the Bank, both Kambli and his wife are "missing" and hence they had put out an advertisement in the newspaper.
They, in the advertisement, requested people who are in touch with the former left-handed batsman or his wife to share the information about the pair. Cricket fans were discussing about this advertisement, on Twitter.
In November, 2013, Kambli suffered a heart attack and was admitted to a hospital in Mumbai. He had undergone angioplasty in July 2012.
The 42-year-old Kambli played 17 Tests and 104 One Day Internationals for India. He and Sachin Tendulkar were involved in a world record 664-run partnership for their school Shardashram Vidya Mandir in 1988. Kambli made his international debut in 1991, in a ODI against Pakistan in Sharjah.