BSNL clears 10% of its dues to vendors

State-run BSNL has cleared a portion of its dues to vendors last week. The company had paid 10% of the outstanding amount to all the companies such as Nokia, ZTE, UT Starcom, etc. According to sources, the state-run telecom firm raised a loan of Rs 1,000 crore from banks, out of which Rs 600 crore were utilised for making payment to vendors and the remaining Rs 400 crore were used for internal purposes.