Tag: mtnl default
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MTNL Defaults on ₹8,659 Crore in Loans to Seven PSU Banks
MTNL Defaults on ₹8,659 Crore in Loans to Seven PSU Banks State-run telecom operator Mahanagar Telephone Nigam Ltd (MTNL) has once again failed to repay its loans—this time totalling ₹8,659 crore—to a consortium of seven public sector banks. The outstanding amount comprises ₹7,794.34 crore in principal and ₹864.75 crore in overdue interest, with defaults spanning…