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Home » News » MTNL defaults on bank loans worth ₹8,346 crore

MTNL defaults on bank loans worth ₹8,346 crore

Jessica BrownBy Jessica Brown Business
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The state firm of the MTNL telecommunications firm has breached the bank loans worth ₹ 8,346.24 million rupees of seven public sector banks, the company declared in a regulatory presentation.

The total debt obligations of the telecommunications company of the public loss sector reached ₹ 33,568 million rupees as of March 31, 2025, according to the presentation of April 19.

The total breach of the loan includes ₹ 3,633.42 million debt rapid State Bank of Indi payment.

Failure to pay loans has occurred between August 2024 and February 2025.

The total debt of the company includes ₹ 8,346 million rupees, ₹ 24,071 million rupees sovereign guarantee (SG) and loan or 1,151 million rupees of the Telecom Department (DOT) to pay the interests of the SG bonds, according to the filling.

Posted on April 20, 2025

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