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.