CRISIL Ratings has maintained its 'CRISIL AAA (CE)/Watch Negative' rating on MTNL's Rs. 6,500 Crore bonds and Rs. 20 Crore NCDs due to structured payment mechanism adherence risks.
India Ratings has maintained MTNL's NCD rating at 'IND AAA(CE)' on Rating Watch with Negative Implications. The action reflects concerns over persistent delays in funding designated escrow accounts.