Lenders hope government steps in to prevent AGR from becoming Voda Idea's breaking point - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Lenders hope government steps in to prevent AGR from becoming Voda Idea's breaking point

Banks have no liability to telecom companies linked to the AGR order because these do not form a part of the guarantees they have given. However, any cash outflow due to these payments could severely dent debtheavy service providers such as Vodafone Idea.

from Industry-Economic Times
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