Vodafone Idea seeks ₹33,000 cr in term loans, bank guarantees: ET

Vodafone Idea reportedly plans to borrow ₹23,000 crore in term loans from banks and another ₹10,000 crore in bank guarantees. The telecom company recently presented the term loan proposal to a banking consortium led by SBI, The Economic Times reported. The firm earlier announced it would raise ₹2,458 crore via share sale to Nokia and Ericsson.