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SBI classifies MTNL loan a/c as sub-standard NPA; threatens legal action

By Economic Times - 2 months ago
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, while MTNL seeks government assistance for debt clearance.

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