Vodafone Idea in advanced talks with PSU banks for funding, says CEO
Business·2026-11-13 21:38
Chief Executive Officer Abhijit Kishore told analysts during the Q2FY27 earnings call that discussion with banks for funded facilities of ₹25,000 crore was in advanced stages but it did not have to raise the full amount upfront and might do so in phases based on its capex plans. The carrier, backed by the Aditya Birla group, secured incremental funding of ₹4,000 crore in Q2FY27 and over ₹6,000 crore in Q1FY27, taking the total to ₹10,400 crore in H1FY27, from Indian private banks and foreign lenders. Seq ...