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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 Vis broader Rs 45,000-crore requirement and could provide financial flexibility to expand its network and execute planned capex.

25 Aug 2026 2:40 pm