Mahanagar Phone Nigam Ltd. defaulted on over Rs 8,300 crore loans with a number of banks, in keeping with an change submitting on Saturday.
The corporate didn’t repay the dues to Union Financial institution of India, Financial institution of India, Punjab Nationwide Financial institution, State Financial institution of India, UCO Financial institution, Punjab and Sind Financial institution and Indian Abroad Financial institution.
In March, the troubled telecom operator defaulted on principal and curiosity funds to a number of banks. The full excellent principal fee is Rs 7,794.34 crore, and the curiosity quantity due is Rs 482.97 crore.
It defaulted principal and curiosity funds to Union Financial institution of India, Financial institution of India, Punjab Nationwide Financial institution, State Financial institution of India, UCO Financial institution, Punjab and Sind Financial institution, and Indian Abroad Financial institution.
