SBI-led consortium advances Vodafone Idea loan; NaBFID to approve ₹4,000 cr, PNB and Union Bank to decide

Vodafone Idea’s proposed Rs 35,000 crore consortium financing has made further advances, with atleast Punjab National Bank, Union Bank of India expected to decide its exposure by the end of the month, bankers aware of the discussions have told ETBFSI. Infarstructure financier NaBFID is also expected to approve a Rs 4,000 crore exposure shortly.

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