MTNL interest obligations on bonds to be honoured by government: Sources
The Union Government will honour all interest obligations / payments for Mahanagar Telephone Nigam Ltd. (MTNL)’s bonds, sources privy to the matter told CNBC-TV18. Sources said that the government will honour its commitments on sovereign guarantees given for MTNL bonds and will pay whenever the sovereign guarantee is invoked on MTNL’s bonds. However, the sources …