Will repay Rs 125 cr debt to PSU bank by June-end: MTNL CMD

State-owned telecom corporation Mahanagar Telephone Nigam Ltd (MTNL) today said it expects to repay about Rs 125 crore of debt before June-end.

The debt-laden company - which offers landline and mobile telephony services in Delhi and Mumbai areas - said it will be able to make the repayment due to "one of the public sector banks", a few days before the June-30 deadline.

"About Rs 125 crore is due for repayment, which we will be paying three days before the deadline...As far as the financing is concerned we do not see a challenge," MTNL Chairman and Managing Director, PK Purwar told

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)