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MTNL Defaults On Over Rs 8,300 Crore In Loans With Plenty of Banks


Mahanagar Telephone Nigam Ltd. defaulted on over Rs 8,300 crore loans with various banks, consistent with an change submitting on Saturday.

The company didn’t repay the dues to Union Monetary establishment of India, Monetary establishment of India, Punjab Nationwide Monetary establishment, State Monetary establishment of India, UCO Monetary establishment, Punjab and Sind Monetary establishment and Indian Overseas Monetary establishment.

In March, the troubled telecom operator defaulted on principal and curiosity funds to various banks. The total wonderful principal price is Rs 7,794.34 crore, and the curiosity amount due is Rs 482.97 crore.

It defaulted principal and curiosity funds to Union Monetary establishment of India, Monetary establishment of India, Punjab Nationwide Monetary establishment, State Monetary establishment of India, UCO Monetary establishment, Punjab and Sind Monetary establishment, and Indian Overseas Monetary establishment.



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