State-run Mahanagar Telephone Nigam Ltd (MTNL) has defaulted on the payments of both principal and interest to seven major public sector banks, totalling ₹8,585 crore.

MTNL has defaulted on ₹8,585 crore bank loans from seven public sector banks, raising concerns over its financial stability.

The seven lender banks are Union Bank of India, Bank of India, Punjab National Bank, State Bank of India, UCO Bank, Punjab ...

State-run Mahanagar Telephone Nigam Ltd (MTNL) has defaulted on the payments of both principal and interest to seven major ...

MTNL said that it has defaulted on the payment of capital borrowed from the State Bank of India, Punjab National Bank, Union ...

Samir Arora used the MTNL episode to reinforce a larger investing principle he has frequently argued: that long-term equity holding only works when applied selectively ...