Anil Agarwal's Vedanta Resources is in advanced discussions with JP Morgan Chase and Standard Chartered Bank to secure $3 billion, according to a report by Mint on Wednesday. The funds are intended to help the company avoid defaulting on its upcoming payments. Vedanta Resources, which is the parent company of Vedanta Ltd, has bond repayments amounting to $3.1 billion due in the financial year 2024-25 (FY25). Notably, the UK-based firm received a dividend of $2.5 billion from Hindustan Zinc Ltd and Vedanta Ltd in the financial year 2022-23 (FY23).