Search result for 'sovereign guarantee bonds'

BSNL's revenue has been impacted due to delays in 4G rollout and intense competition in the mobile market, according to India's Minister of State for Telecom. Learn more.

SBI has declared MTNL's loan accounts as sub-standard NPAs due to non-payment of installments and interest. The bank has threatened legal action if MTNL fails to make scheduled payments.

Union Bank of India has frozen MTNL accounts due to non-payment of dues, adding to the telecom firm's financial woes. The company owes over Rs 400 crore to various banks.

State-owned telecom company MTNL has defaulted on Rs 422.05 crore in bank loan payments, including principal and interest. The company faces a financial crisis with total borrowings exceeding Rs...

MTNL faces financial difficulties, unable to pay interest on its 7.78% bond due on August 10. The government will invoke its sovereign guarantee to cover the payment.

MTNL has requested Rs 1,151.65 crore from the Indian government to cover interest payments on sovereign guarantee bonds for the current fiscal year. The government has allocated Rs 69,000 crore in...

India's Telecom Minister assures no default on MTNL bond dues. MTNL's operations will be transferred to BSNL, asset monetization efforts are underway to pay off liabilities.

Communications Minister Scindia highlights BSNL's indigenised 4G stack as a symbol of national pride. A project management unit will set daily targets to ensure timely launch.