Escrow funding default
MTNL fails to fund escrow for 11th semi‑annual interest on Series VI bonds
MTNL notified exchanges that it could not deposit required funds into the Bank of India escrow for the 11th semi‑annual interest on 6.85% Bond Series VI (INE153A08097) due 21 Jun 2026 due to insufficient funds; bonds are sovereign‑guaranteed and the sovereign guarantee may be invoked.




