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.

Mahanagar Telephone Nigam Ltd.'s deteriorating financial health has had wider repercussions, affecting timely payments to ...

Following the update, MTNL shares slumped 4 per cent on Tuesday to end at Rs 49.92 on BSE. The scrip opened at Rs 52.15 ...

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 ...

The banks include Union Bank of India, Bank of India, Punjab National Bank, State Bank of India, UCO Bank, Punjab and Sind ...

SBI, Indian Overseas Bank, Bank of India, UCO Bank and Punjab & Sind Bank are among the state-owned lenders which have to be ...

Mahanagar Telephone Nigam Ltd on July 15 said that it has defaulted on a shade under Rs 8,585 crore in principal and interest ...

Loss-making telecom PSU MTNL has defaulted on massive loan repayments worth ₹8,585 crore to seven major public sector banks, as its debt spirals over ₹34,000 crore.

The wholly-owned subsidiary of BSNL and telecom operator MTNL finds itself in choppy water after unable to make loan repayment of Rs 8,585 crore.