Apart from the cash payment of Rs 6,600 crore, RCOM had also given this Rs 2,000 crore bank guarantee under protest, as it had been demanded by DoT, and then challenged the demand before TDSAT, according to sources.
The TDSAT order will reduce non-funded exposure of banks by Rs 2,000 crore and help in accelerating RCOM's asset monetisation programme for Rs 25,000 crore, as was announced earlier.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
