Vodafone Idea eyes non-bank funding amid delay in ₹25,000-crore bank loans

Vodafone Idea (Vi) has begun exploring non-banking sources of funding to maintain the continuity of its crucial capital expenditure (capex) cycle, its outgoing chief executive officer (CEO) Akshaya Moondra said on Monday, as the debt-laden telecom operator's bid to raise ₹25,000 crore from banks faces delays. Vodafone Idea (Vi) has begun exploring non-banking sources of funding to maintain the continuity of its crucial capital expenditure (capex) cycle, its outgoing chief executive officer (CEO) Akshaya Moondra said on Monday, as the debt-laden telecom operator's bid to raise ₹25,000 crore from banks faces delays.