Byju Raveendran Borrows Funds Amid Financial Crisis, Assures Small Payment to Teachers

• I have managed to borrow some funds and assured teachers of a small payment by the weekend.
• Acknowledged long-standing salary delays and apologized for the financial strain on staff.
• Despite partial payments for April and May, full payments for previous months remain pending.
• Legal battles with US-based lenders complicate the financial situation further.
• Urged teachers to remain resilient and promised more substantial payments once financial control is regained.

Source: Moneycontrol