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MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

Mahanagar Telephone Nigam Ltd (MTNL), the state-run telecom firm, is facing a fresh financial crisis as it defaults on a significant sum of Rs 8,585 crore in principal and interest payments to a group of seven public sector banks. The default was officially confirmed by MTNL in a filing to stock exchanges, highlighting the ongoing struggles of the company. The unpaid debt includes Rs 7,794.34 crore in principal and Rs 790.59 crore in interest.

Business

15 Jul 2025 08:13 AM 528 views

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

Mahanagar Telephone Nigam Ltd (MTNL), the state-run telecom firm, is facing a fresh financial crisis as it defaults on a significant sum of Rs 8,585 crore in principal and interest payments to a group of seven public sector banks. The default was officially confirmed by MTNL in a filing to stock exchanges, highlighting the ongoing struggles of the company. The unpaid debt includes Rs 7,794.34 crore in principal and Rs 790.59 crore in interest.

Business

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#mtnlsharesfall

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

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Syria Faces Uncertainty After Assad's Fall: A New Era Begins

Instagram’s Latest Repost Feature Mirrors X’s Retweet – Is the App Running Out of Ideas?

Jr NTR meets US Consul General Laura Williams in Hyderabad

Andhra Pradesh DGP Tirumala Rao Orders 16 IPS Officers to Report Daily Amid Allegations

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#mtnlsharesfall

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

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Instagram’s Latest Repost Feature Mirrors X’s Retweet – Is the App Running Out of Ideas?

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