Vodafone Idea Might Raise Rs 7540 Crore Within Three Months

The recast, if approved, could ease the financial strain on the telco that has a funded exposure of nearly ₹14,000 crore. SBI alone has an exposure of about ₹11,000 crore.

"After the government extended relief to the telco, lenders believe that uncertainty over its future is over for now," said an official aware of the discussions. "And if the promoter chips in with more equity or raises fresh funds, easier repayment terms on loan dues could be a definite possibility."

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