Banks Cautiously Optimistic on Vodafone Idea Funding After Government Relief
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Banks Cautiously Optimistic on Vodafone Idea Funding After Government Relief

Public sector banks are cautiously optimistic about providing fresh funding to Vodafone Idea (Vi) following the government's approval of a moratorium on Adjusted Gross Revenue (AGR) dues. This relief measure is seen as a positive development that could improve Vi's financial viability and make fresh capital infusion more favorable. While banks are re-evaluating the situation and may consider Vi's proposals, some remain cautious due to the company's ongoing subscriber losses and substantial debt overhang.

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