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$Jio said that bulk of its network is \already built\ and can support more than 60 per cent of estimated 2020-21 India data demand.$ Business

Telcos not investing in tech causing financial stress: Jio

IMG today began consultation with operators as part of efforts to address the financial difficulties being faced by the...

12 Jun 2017 1:29 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

Not cancelled unused credit lines to telecom sector: SBI

RBI recently asked banks to immediately review their exposure to the telecom sector, which has total debt of about Rs...

9 Jun 2017 2:44 PM IST

In 2015-16, MTNL reported a total annual revenue of Rs 3,197.41 crore and net loss of Rs 2,005.72 crore.

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

MTNL has also sought government aid for its high employee cost - a tab of Rs 2,800 crore.

26 Jun 2017 5:05 PM IST

According to Kotak Securities, the banking sector debt to telecom stands at Rs 82,000 crore as on February 2017, 1.2 per cent of the total bank loans.

RBI's move will help detect NPAs quickly, say experts

Private sector banks such as IDFC Bank, IndusInd Bank and Yes Bank have higher exposure to the telecom sector.

20 April 2017 1:20 AM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI asks banks to closely monitor loans to telecom sector

Telecom sector has a debt of about Rs 4.6 lakh crore even as it is faces pressure on revenues.

19 April 2017 9:26 AM IST