Doors open for fundraising via banks

SENIOR EXECUTIVES AT large public sector banks (PSBs) said on Friday that the government's AGR moratorium for Vodafone Idea has provided lenders some comfort on incremental exposure, though formal discussions with the telco are yet to begin.

- KSHIPRA PETKAR

The bankers said the relief could improve the viability of fresh funding proposals.

"Things have become favourable after the government's decision. This is a positive development," said a banker with a large PSB.