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MTNL Defaults on Loan Payment of ₹8,585 Crore from 7 Public Banks
July 16, 2025
|Financial Express Lucknow
STATE-RUN TELECOM OPERATOR Mahanagar Telephone Nigam has formally disclosed defaults in principal and interest payments to seven public sector banks amounting to ₹8,584.93 crore.
The seven affected public sector banks are: Union Bank of India, Bank of India, Punjab National Bank, State Bank of India, UCO Bank, Punjab & Sind Bank, and Indian Overseas Bank, the company informed the stock exchanges on Tuesday. The overdue principal amount with the seve
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