Vodafone Idea says banks assessing long-term funding after Supreme Court order on AGR dues

Telecom service provider Vodafone Idea Limited (Vi) on Tuesday said that, following the Supreme Court’s recent order on the company’s adjusted gross revenue (AGR) dues, banks are currently assessing the situation for providing long-term funding to the telecom operator.

Chief executive officer Abhijit Kishore, speaking during the company’s second-quarter earnings call, said that the Supreme Court’s order has brought greater clarity to the funding process.