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Rs 2700 crore debt has been cleared by Reliance Communication
Rs 2,700 crore is the amount taken from the group of international banks as a loan & has been fully repaid by Reliance Communication.
The company quoted in an official statement that ”Reliance Communications made full payment of a syndicated ECB loan facility of $500 million, over Rs 2,700 crore, on the due date. The loan was taken in 2007 from a group of international banks.”
On December...