Public-sector banks (PSBS) remain hesitant on providing loans to cashstrapped Vodafone Idea (Vi), India's third-largest telecom operator due to its liabilities and lack of a clear capital expenditure plan, three senior bank officials from as many banks said, requesting anonymity.
However, Vi told Business Standard that a key milestone in the debt-funding process was the updating of the independent techno-economic evaluation (TEV) initiated by the banks, which has been completed. It didn't clarify if the TEV report was favourable to its debtfunding process.
Bankers had earlier advised Vi to raise equity before seeking loans. Despite the telco raising ₹24,000 crore in equity, bank officials said concerns persist over the company's multiple payment liabilities to the government, vendors, and tower companies.
هذه القصة مأخوذة من طبعة September 11, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 11, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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