Vodafone Idea's Funding Plan to be Reviewed by Banks After AGR Relief Package Approval

Banks to review Vodafone Idea funding plan after AGR relief. The government's decision to freeze the telco's AGR dues and stretch repayment over 16 years has altered its liability profile. Banks will reassess extending fresh funds to Vi, as clarity on its funding needs and future business plans is crucial. Vi required Rs 35,000 crore previously, and banks will have to figure out how much is viable based on the firm's cash flows.