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Vodafone Idea: What's At Stake For Lenders?
Lenders' exposure to Vodafone Idea is split across loans, investments and guarantees. It's the latter where ambiguity remains.
06 Aug 2021, 08:10 AM IST
As Vodafone Idea Ltd. remains on the brink, its lenders are starting to take stock of the possible fallout. That fallout, given that liabilities are in the form of bank loans, debt securities and bank guarantees, could depend both on the fate of the telecom operator as also the government's approach towards recovering dues in the case of any default.The government has so far not provided any support on statutory dues, a Rs 25,000-cro...
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