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Banks in wait-and-watch mode on fresh funding
Business Standard
|January 10, 2026
Despite the central government granting relaxations to the country’s third-largest telecom operator, Vodafone Idea (Vi), on its adjusted gross revenue (AGR) dues, domestic banks are still in a wait-and-watch mode as far as fresh funding to the telecom operator is concerned, sources said.
Reports suggest that Vi is looking to raise debt to accelerate growth.
Bankers said they will take a deeper look at the company’s financials before taking a call on additional funding to it.
According to the sources, though there has been no fresh proposal, the company has been seeking ₹35,000 crore of debt funding following the freezing of AGR dues, which is a positive development for Vi. However, banks will take a call after discussing with the company, and among themselves.
This story is from the January 10, 2026 edition of Business Standard.
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