BSNL to pay November salary before year-end

State-run Bharat Sanchar Nigam Ltd (BSNL) is readying to pay November salary in another two days, which will be raised from internal accruals and bank loans.

“The intention is to pay salaries before December 31, which would be mostly funded from cash inflows. The company is also in talks with a couple of banks for loans to meet operating and other expenses,” a source close to the development told BusinessLine.

The public sector unit is also expecting some payment from Department of Telecommunications (DoT), he added.

This is nearly a month’s delay as per BSNL policy, salaries are credited on the last working day of every month.