{"id":937962,"date":"2025-06-12T07:02:26","date_gmt":"2025-06-12T01:32:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=937962"},"modified":"2025-06-12T07:15:30","modified_gmt":"2025-06-12T01:45:30","slug":"cabinet-secretary-to-hold-meeting-next-week-on-mtnl-revival","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/06\/12\/cabinet-secretary-to-hold-meeting-next-week-on-mtnl-revival\/","title":{"rendered":"Cabinet secretary to hold meeting next week on MTNL revival"},"content":{"rendered":"<p>New Delhi: Cabinet secretary TV Somanathan will hold a meeting next week with various stakeholders to discuss the future of stressed state-run telecom company Mahanagar Telephone Nigam Ltd (MTNL), including its loan defaults, said people with knowledge of the matter. <\/p>\n<p>MTNL has defaulted on \u20b98,346 crore in loan repayments to multiple banks, including Union Bank of India, Indian Overseas Bank, Bank of India, Punjab National Bank and State Bank of India among others-all state-run lenders-as of April 30. This includes \u20b97,794 crore in outstanding principal and \u20b9552 crore in overdue interest and penal charges. The loans are backed by sovereign guarantees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Cabinet secretary TV Somanathan will hold a meeting next week with various stakeholders to discuss the future of stressed state-run telecom company Mahanagar Telephone Nigam Ltd (MTNL), including its loan defaults, said people with knowledge of the matter. MTNL has defaulted on \u20b98,346 crore in loan repayments to multiple banks, including Union Bank of India, Indian Overseas Bank, Bank of India, Punjab National Bank and State Bank of India among others-all state-run lenders-as of April 30. This includes \u20b97,794 crore in outstanding principal and \u20b9552 crore in overdue interest and penal charges. The loans are backed by sovereign [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-937962","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/937962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=937962"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/937962\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=937962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=937962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=937962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}