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SBI classifies MTNL loan a/c
SBI downgrades MTNL loan account as sub-standard NPA, threatens legal action
MTNL loan account’s total outstanding was ₹325.52 crore as of September 30, according to the SBI letter dated October 1
SBI classifies MTNL loan accounts as sun-standard NPA: Report
"State Bank of India (SBI) vide its letter dated October 1, 2024, has informed that Term Loan Accounts Number 36726658903 of MTNL has changed to NPA - Sub Standard category with effect September 28, 2024, due to non-payment of interest and instalment," MTNL was quoted as saying by PTI.
MTNL Faces Financial Crunch: SBI Declares Loans as NPAs
State Bank of India has classified MTNL's loan accounts as sub-standard non-performing assets due to outstanding payments. With Rs 325.52 crore owed, SBI demands immediate repayment. The situation threatens legal action against MTNL,
SBI mark down MTNL's term loan account to NPA over non-payment of dues
The State Bank of India has downgraded MTNL's term loan account to NPA effective from September 28, citing non-payment of interest and installment. MTNL shared the letter from SBI that stated the total outstanding in the account at over Rs 325.
SBI classifies MTNL as non-performaning account after repayment default
Mahanagar Telephone Nigam Ltd. (MTNL) has defaulted on a loan to State Bank of India (SBI), leading to its classification as a Non-Performing Asset. SBI demands immediate payment and warns of potential legal action if dues remain unpaid.
SBI Classifies MTNL Account To NPA On Rs 282 Crore Default
SBI has also sought MTNL's response to media reports where it is stated that government will pay MTNL dues, and the Department of Telecom assured there will be no default.
SBI classifies MTNL loan accounts as sub-standard NPA; threatens legal action
Several banks have taken action against MTNL for non-payment of dues, including Punjab National Bank and Union Bank
SBI classifies MTNL loan a/c as sub-standard NPA; threatens legal action
State Bank of India classified MTNL's loan accounts as sub-standard non-performing assets due to non-payment since June 30. With a total outstanding of Rs 325.52 crore, SBI warned legal actions if dues remain unpaid,
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SBI declares MTNL a non-performing asset amid Rs 325.53 crore debt
SBI warns telecom firm MTNL that payment failure would result in a penal interest rate being applied to the outstanding ...
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Strengthen BSNL, MTNL, Says Peoples’ Commission
Chennai: People’s Commission on Public Sector and Services, an organization comprising academics, jurists, erstwhile ...
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SBI downgrades MTNL's term loan account to NPA over non-payment of dues
MTNL shared the letter from SBI that stated the total outstanding in the account at over Rs 325.52 crore as on September 30, ...
9h
SBI classifies MTNL loan account as sub-standard NPA; threatens legal action
"State Bank of India (SBI) vide its letter dated October 1, 2024, has informed that Term Loan Accounts Number 36726658903 of ...
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