
MTNL trapped in debt nexus, loan default amount reaches Rs 8,659 cr in July
New Delhi, Aug 19 (UNI) State-run Mahanagar Telephone Nigam Limited’s (MTNL) loan default amount reached Rs 8,659 cr and total debt obligations hit Rs 34,577 cr at the end of July, as per the company’s regulatory filings. Total debt obligations comprise different amounts, including the bank loans, sovereign guarantee bond, and a loan from…