Vodafone Idea expected to clear Rs 5 billion interest dues after moratorium ends

Vodafone Idea Limited (VIL) is expected to pay interest dues of around Rs 5 billion to lenders in the December quarter.

In this regard, VIL has reportedly informed the lenders that it will clear accrued interest on outstanding loans after availing the six-month moratorium, which will end on August 31, 2020.

As per industry sources, the telco will not opt for loan restructuring, and has notified the lenders that it will not require easing of repayment terms.