Bankers said the decision has altered the company's liability profile, adding that clarity on its funding needs and future business plans are crucial for considering fresh funding.Banks have been wary of lending to Vi because of its huge liabilities, majorly consisting of statutory dues including deferred spectrum payment and AGR liabilities, strained cash flows, and doubts about its ability to service new loans. “Our team will reassess (extending fresh funds) in the light of the new developments,” a senio ...

New Delhi: The government is likely to offer an interest-free moratorium of four to five years to After the moratorium ends, the company will be required to pay arrears in six instalments, but the amount is likely to be reduced substantially, to nearly half, after a reassessment of liabilities, people aware of details told ET. "A committee will be formed, headed by a secretary-level official, either serving or retired, which will hear the views of both, the telecom department and Vi," said one of the people ...