{
  "id": 7158487,
  "title": "Vi eyes ₹35,000-crore loan to fund capex",
  "url": "https://urgent.news/2026/09/13/vi-eyes-35-000-crore-loan-to-fund-capex",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-13T18:58:55.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/industry/telecom/telecom-news/vi-eyes-35000-crore-loan-to-fund-next-decades-capex/articleshow/134220187.cms"
  },
  "original_language": "en",
  "account": "Mumbai: Vodafone Idea (Vi), the nation's largest mobile operator, is working to secure a ₹35,000-crore, 10-year term loan through a consortium of eight to ten lenders. State Bank of India (SBI) has taken up approximately 20% of the exposure, equivalent to around ₹7,000 crore. The remaining loan will be shared among other public and private sector lenders, with a minimum of ₹1,500 crore per creditor. SBI has conducted an internal assessment, estimating the required loan to be around ₹35,000 crore. The company will need a total of ₹60,000 crore to upgrade its services, which will include some internal accruals or equity infusion. Kumar Mangalam Birla, returning as the chairman of Vi in May 2026, will also remain the chairman of the company throughout the loan's tenure. SBI has set conditions for the loan, stating that any shortfall in investments above the bank loan amount will be managed by the company. The Aditya Birla Group and its associated companies currently own about 6.64% of Vi, making them the third-largest shareholder after the Government of India and Vodafone.",
  "summary": null,
  "key_points": [
    "Vodafone Idea seeks ₹35,000-crore loan for capex",
    "SBI provides 20% exposure, ₹7,000 crore",
    "Kumar Mangalam Birla to stay chairman through loan"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}