MTNL Says Default In Payment Of Principal & Interest Of Banks

About this update from Mahanagar Telephone Nigam Limited

Mahanagar Telephone Nigam Ltd NSE:MTNL:DEFAULT IN PAYMENT OF PRINCIPAL & INTEREST OF BANKS BY MTNLPRINCIPAL OVERDUE AT 18.73 BILLION RUPEES, INTEREST OVERDUE AT 8.65 BILLION RUPEESTOTAL OUTSTANDING BORROWINGS FROM BANKS, FINANCIAL INSTITUTIONS AT 86.59 BILLION RUPEES

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