04-May-2026
Corporate News
 
Vodafone Idea eyes Rs 25,000 crore SBI-led funding after AGR relief
04-May-2026

A State Bank of India-led consortium is considering extending Rs 25,000-crore debt funding to Vodafone Idea, persons aware of the details told ET, signalling improved lender confidence in the telco after the government slashed its dues by 27% last week. The country's third-largest telco, which has laid out a three-year turnaround programme, is seeking a Rs 25,000-crore term loan and another Rs 10,000 crore in short-term working capital requirements.

News Source:- https://economictimes.indiatimes.com/industry/telecom/vodafone-idea-eyes-25000-cr-sbi-led-funding-after-agr-relief/articleshow/130739073.cms