Mahanagar Telephone Nigam Limited — Important, 14-05-2025: General Updates

MTNL has defaulted on principal and interest payments totaling Rs 8,415 Cr to several banks, with overall debt at Rs 33,791 Cr. The outstanding includes bank loans of Rs 8,415 Cr, sovereign guarantee bonds of Rs 24,071 Cr, and a Rs 1,305 Cr loan for bond interest. This deepens concerns over MTNL’s liquidity and financial stability, signaling significant challenges ahead.