Thursday, November 14, 2019

Vodafone may become largest NPA for lenders

Lenders said they will have no recourse should Vodafone Idea default on its payment obligations to the government. The company may end up being the biggest non-performing asset (NPA) for lenders because of the lack of securities, guarantees or fresh equity from promoters.

from Times of India https://ift.tt/2q5NKFu

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