MTNL to repay Rs 125-cr debt to PSU banks by June 30 deadline

MTNL

Latest News – State-owned telecom corporation Mahanagar Telephone Nigam Ltd (MTNL) on Monday said it expects to repay about Rs 125 crore of debt before June-end.

The debt-laden company – which offers landline and mobile telephony services in Delhi and Mumbai areas – said it will be able to make the repayment due to “one of the public sector banks”, a few days before the June-30 deadline.

“About Rs 125 crore is due for repayment, which we will be paying three days before the deadline…As far as the financing is concerned (Read More)

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