Announced Mon, 13 Jul · 11:09 IST
MTNL defaults on Rs 9,495 crore bank loan payments as of June 2026
MTNL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹29.18
prior close
₹29.13
base price
In-mkt
timing
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—+0.4+0.5+0.8-2.2-2.5-1.1-3.7-3.5-5.1————
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AI summary
MTNL defaulted on bank loan payments totalling Rs 9,495.33 crore as of June 30, 2026. All 7 bank loans are classified as NPA, with default dates between Aug 2024 and Feb 2025. The default includes Rs 7,794.34 crore overdue principal and Rs 1,700.99 crore in interest. Lenders include UBI, BOI, IOB, PNB, SBI, UCO, and PSB. MTNL total financial debt stands at Rs 37,223 crore.
Likely market impact
Persistent loan defaults and NPA status raise serious solvency concerns for MTNL shareholders; stock likely to remain under pressure.