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The Economic Times

Sports / The Economic Times

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Vi eyes 35,000-crore loan to fund next decade's capex

Vodafone Idea is arranging a significant loan to fund its capital expenditures. State Bank of India has approved a substantial portion of this 35,000-crore term loan. Other public and private sector banks are expected to join the lending consortium soon. The company needs 60,000 crore for service upgrades, with the balance from internal accruals. Kumar Mangalam Birla's continued chairmanship is a condition for this long-term financing.

14 Sep 2026 12:28 am