BEST repays debt worth ₹531.55 crore

Published - August 23, 2019 01:43 am IST - Mumbai

The BEST Undertaking on Thursday said it had received ₹665.31 crore from the BMC, of which around ₹1,200 crore had gone towards repaying its debt.

BEST officials said ₹531.55 crore was utilised to repay loans, while the rest was used for working capital requirements. They said the repayment had led to savings of ₹52.63 crore in interest payments towards the loans.

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