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LATEST

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Asia

Vodafone Idea shares surge 7%: Is SBI-led debt deal finally nearing closure?

Markets-Economic Times · 1h ago · 🇮🇳 India

Vodafone Idea shares surge 7%: Is SBI-led debt deal finally nearing closure?

Vodafone Idea shares rose sharply after reports that a consortium of public-sector banks led by SBI is nearing approval of a larger debt package for the telecom operator. The funding is part of Vi’s broader Rs 45,000-crore requirement and could provide financial flexibility to expand its network and execute planned capex.

Read the full story at Markets-Economic Times →

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