Mahanagar Telephone Nigam (MTNL) has recently informed exchanges that the company has been classified as a Non-Performing Asset (NPA) by Punjab and Sind Bank (PSB) effective October 8, 2024.
In the exchange filing, the company shared, “This is to inform you that Punjab and Sind Bank (PSB) vide its letter dtd. 16.10.2024 has informed that Accounts of MTNL has turned into NPA with effect 08.10.2024.”
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