Will clear â¹25,000 crore debt by Sept 30: RCom tells lenders
Anil Ambani-led Reliance Communications said it has told lenders that it would repay â¹25,000 crore before September 30, 2017. The amount is expected to be generated from two of its business deals. Notably, Reliance Communications' net debt stood at â¹44,345.30 crore as on March 31 and reports said it defaulted on loan obligations with more than 10 banks.