July 16, 2025

MTNL financial crisis

Loans

MTNL defaults on bank loans worth ₹8,585 crore

State-run telecom firm, Mahanagar Telephone Nigam Limited (MTNL) has defaulted on bank loans worth ₹8,585 crore from seven public sector banks, the company said in a regulatory filing on Tuesday (July 15). MTNL has disclosed defaults on loans from seven public sector banks, including Union Bank of India, Bank of India, Punjab National Bank, State

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