Total debt on major telcos hits Rs 4.09 L Cr in FY24; BSNL debt lowest at Rs 23,297 Cr

Quick Summary:

BSNL had a debt of Rs 40,400 crore in FY22, which was reduced to Rs 28,092 crore with the help of a revival package and financial support from the government.

"As a result of these packages, BSNL has started earning operating profits from FY 2020-21," Sekhar said.

It focused on infusing fresh capital, restructuring debt, viability gap funding for rural telephony etc," Sekhar said.

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Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: India

Topics: Privacy Financial Package Major Crore Revival Total Policy Help Bsnl Debt

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 12:32:39 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 228 words

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Sentences: 16 lines

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News ID: 23905817

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