PFC-REC cuts Vodafone Idea’s borrowing call, wants extra cover

In a letter addressed to Vi CEO Akshaya Moondra last month, REC said that it is unable to proceed with the financing “due to constraints in terms of internal policies, guidelines and laid down procedures of the company.” ET has seen a copy of that letter.

Oct 25, 2024 - 10:00
 2
PFC-REC cuts Vodafone Idea’s borrowing call, wants extra cover
In a letter addressed to Vi CEO Akshaya Moondra last month, REC said that it is unable to proceed with the financing “due to constraints in terms of internal policies, guidelines and laid down procedures of the company.” ET has seen a copy of that letter.

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