Vodafone Idea Lender Eye For Additional Guarantees on Existing Loans
Vodafone Idea lenders have come out of the shell and asked the financially distressed telco to offer additional collateral and security on existing services. Not only this, but the lenders have also asked for higher interest on loans. Since Vodafone Idea’s debt is much higher than the cash reserve, even concerned banks are considering the telco’s need for additional bank guarantees. As reported by ET Telecom, the lenders of Vodafone... Read More