India's third largest telecom operator Reliance Communications said it has made full payment of a loan amounting to over Rs 2,700 crore that was taken from a group of international banks.
“Reliance Com-munications today 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,” RCom said in a statement. RCom had reported net debt of around Rs 37,360 crore as on December 31, 2012.