Both firms have a combined debt of around Rs 60,000 crore, of which Rs 33,000 crore is on the books of BSNL. As per the officials, another similar amount of bank guarantee will be given to the firm in the next financial year starting, so that the debt burden can be reduced further.
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BSNL granted Rs 19,000 crore sovereign guarantee to aid debt recast
BSNL granted Rs 19,000 crore sovereign guarantee to aid debt recast
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