独家
沃达丰银行家面临更高的贷款规定
银行家表示,现在有一个风险,该公司可能会宣布破产。
-
BSNL名字六个官员被迫退休
强制退休的军官派是印度电信服务(其)干部分批从1988年到1992年。
-
-
-
新德里消息:银行家来沃达丰的想法将面临更高的规定他们的贷款陷入困境的电信公司电信部门检查选项包括银行担保的兑现。
任何行动兑现保证恢复费从沃达丰想法可能导致可能的违约和破产,专家警告说。
“现在的担心是,这个问题是局限于电信行业将成为更大的银行业和吞噬。它不会减轻负担或使生活方便沃达丰的想法但肯定会削弱银行由于更高的规定。政府的钱,但损害了银行业的风险,”来自私营部门的一位高管说银行暴露于该公司。
根据沃达丰想法的披露的证券交易所的期限贷款16399卢比到各种银行为首的5000卢比是的,银行4750卢比,印度国家银行(印度国家银行)。分析师估计总印度和外国银行担保公司可以等于或高于这个数字。然而,实际数量不能确定。
“一些银行像IndusInd IDFC第一次揭示了对公司风险敞口。但目前尚不清楚这些担保的总额。的数量AGR费高,公平地假定任何担保的调用点可能不是立即可用的公司,必须由银行提供,”哈斯。Purohit分析师说SMC全球证券。
周一披露的证券交易所IndusInd银行沃达丰表示,其贷款的想法是995卢比,而银行也有Rs 2409卢比的担保公司,两者都是安全的。IDFC第一银行让银行中最激进的规定为其提供50%价值1622卢比的这个帐户。“银行有遗留的Rs 3244卢比了电信公司,Rs 2000卢比是不可自由兑换债券的形式和Rs 1244卢比在非投资的形式暴露(银行担保),“银行本月早些时候说。
银行家表示,现在有一个风险,该公司可能会宣布破产如果不安排一个股本注入。“担保可能被调用和银行会支付,但公司必须偿还银行的钱。我不确定他们现在有足够的资源。他们需要引进新的资金,否则我们可能将它标记为NPA后90天内,”另一位私营部门高管表示。
该公司已经被评级机构评级低于投资级。周二,印度评级&研究将该公司的评级连降两档从BBB - B -援引该公司无力支付AGR费。
“Ind-Ra相信维尔没有能力支付会费在3月17日,2020年,由于缺乏明确发起人股本注入,严重侵蚀再融资灵活性和现金余额不足(截至2019年12月12500卢比)。执政党也升高加速的风险金融负债的支付。同时,即使维尔对AGR会费支付本金部分遵守SC秩序,目前的现金和等效和未来的现金流将证明不足以满足金融义务,在Ind-Ra看来,“评级机构说。
印度国家银行是最大的银行电信业的绝对值与贷款风险敞口为29000卢比的4750卢比是沃达丰的主意。上周,印度国家银行主席Rajnish Kumar表示,该行总非投资部门在14000卢比。沃达丰股价下跌11%,至3卢比想法周二在疯牛病。
任何行动兑现保证恢复费从沃达丰想法可能导致可能的违约和破产,专家警告说。
“现在的担心是,这个问题是局限于电信行业将成为更大的银行业和吞噬。它不会减轻负担或使生活方便沃达丰的想法但肯定会削弱银行由于更高的规定。政府的钱,但损害了银行业的风险,”来自私营部门的一位高管说银行暴露于该公司。
“一些银行像IndusInd IDFC第一次揭示了对公司风险敞口。但目前尚不清楚这些担保的总额。的数量AGR费高,公平地假定任何担保的调用点可能不是立即可用的公司,必须由银行提供,”哈斯。Purohit分析师说SMC全球证券。
周一披露的证券交易所IndusInd银行沃达丰表示,其贷款的想法是995卢比,而银行也有Rs 2409卢比的担保公司,两者都是安全的。IDFC第一银行让银行中最激进的规定为其提供50%价值1622卢比的这个帐户。“银行有遗留的Rs 3244卢比了电信公司,Rs 2000卢比是不可自由兑换债券的形式和Rs 1244卢比在非投资的形式暴露(银行担保),“银行本月早些时候说。
该公司已经被评级机构评级低于投资级。周二,印度评级&研究将该公司的评级连降两档从BBB - B -援引该公司无力支付AGR费。
“Ind-Ra相信维尔没有能力支付会费在3月17日,2020年,由于缺乏明确发起人股本注入,严重侵蚀再融资灵活性和现金余额不足(截至2019年12月12500卢比)。执政党也升高加速的风险金融负债的支付。同时,即使维尔对AGR会费支付本金部分遵守SC秩序,目前的现金和等效和未来的现金流将证明不足以满足金融义务,在Ind-Ra看来,“评级机构说。
印度国家银行是最大的银行电信业的绝对值与贷款风险敞口为29000卢比的4750卢比是沃达丰的主意。上周,印度国家银行主席Rajnish Kumar表示,该行总非投资部门在14000卢比。沃达丰股价下跌11%,至3卢比想法周二在疯牛病。
NEW DELHI: Bankers<\/a> to Vodafone Idea<\/a> are bracing for higher provisions on their loans to the beleaguered telecom firm as the Department of Telecom examines options which include the encashment of bank guarantees.
Any move to encash guarantees to recover dues from Vodafone Idea could lead to possible default and bankruptcy, experts warned.
\u201cThe fear now is that this problem which is restricted to the telecom sector will become bigger and engulf the banking sector. It is not going to ease the burden or make life easy for Vodafone Idea but will surely dent banks due to higher provisions. The government will get its money but at the risk of hurting the banking sector,\u201d said a senior executive from a private sector bank with exposure to the company.
Any move to encash guarantees to recover dues from Vodafone Idea could lead to possible default and bankruptcy, experts warned.
\u201cThe fear now is that this problem which is restricted to the telecom sector will become bigger and engulf the banking sector. It is not going to ease the burden or make life easy for Vodafone Idea but will surely dent banks due to higher provisions. The government will get its money but at the risk of hurting the banking sector,\u201d said a senior executive from a private sector bank with exposure to the company.
<\/div><\/div>As per Vodafone Idea\u2019s own disclosure to the stock exchanges it has outstanding term loans of Rs 16,399 crore to various banks led by Rs 5,000 crore to Yes Bank<\/a> and Rs 4,750 crore to State Bank of India (SBI). Analysts<\/a> estimate that the total Indian and foreign bank guarantees to the company could be equal or higher than this amount. However, the actual number could not be ascertained.
\u201cSome banks like IndusInd and IDFC First have revealed their exposure to the company. But it is not clear on what is the total amount of these guarantees. The amount of AGR<\/a> dues is high and it is fair to assume that any invoking of guarantees by DoT may not be immediately serviceable by the company and will have to be provided for by banks,\u201d said Siddharth Purohit, analyst at SMC Global Securities<\/a>.
![\"Vodafone](\"https:\/\/st.etb2bimg.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
<\/figure>
In a disclosure to the stock exchanges on Monday IndusInd Bank<\/a> said its loans to Vodafone Idea are at Rs 995 crore while the bank also has guarantees of Rs 2,409 crores to the company, both of which are secured. IDFC First Bank has made the most aggressive provisions among banks at 50 per cent provision for its Rs 1,622-crore exposure to this account. \u201cThe bank has a legacy exposure of Rs 3,244 crores to this identified telecom company, of which Rs 2,000 crores is in the form of non-convertible debentures and Rs 1,244 crores is in the form of non-funded exposure (bank guarantees) for spectrum,\u201d the bank said earlier this month.
\u201cSome banks like IndusInd and IDFC First have revealed their exposure to the company. But it is not clear on what is the total amount of these guarantees. The amount of AGR<\/a> dues is high and it is fair to assume that any invoking of guarantees by DoT may not be immediately serviceable by the company and will have to be provided for by banks,\u201d said Siddharth Purohit, analyst at SMC Global Securities<\/a>.
<\/figure> In a disclosure to the stock exchanges on Monday IndusInd Bank<\/a> said its loans to Vodafone Idea are at Rs 995 crore while the bank also has guarantees of Rs 2,409 crores to the company, both of which are secured. IDFC First Bank has made the most aggressive provisions among banks at 50 per cent provision for its Rs 1,622-crore exposure to this account. \u201cThe bank has a legacy exposure of Rs 3,244 crores to this identified telecom company, of which Rs 2,000 crores is in the form of non-convertible debentures and Rs 1,244 crores is in the form of non-funded exposure (bank guarantees) for spectrum,\u201d the bank said earlier this month.
<\/div><\/div>Bankers said that there is now a risk that the company could be declared insolvent if it does not arrange for an equity infusion. \u201cThe guarantees may be invoked and banks will pay it but the company has to then pay back the money to banks. I am not sure they have the resources right now. They need to bring in fresh funds otherwise we may have to mark it as a NPA after the 90-day period,\u201d said another senior private sector executive.
Read also<\/h3>
Read also<\/h3><\/a><\/div>Citigroup lowers target price for Vodafone Idea<\/h4><\/a><\/div><\/a><\/div>Default fear pushes funds to ring-fence Vodafone Idea debt<\/h4><\/a><\/div><\/div>
The company is already rated below investment grade by rating agencies. On Tuesday, India Ratings & Research downgraded the company by two notches to B- from BBB- citing the company\u2019s inability to pay AGR dues.
\u201cInd-Ra believes VIL does not have the ability to pay the dues by March 17, 2020, given the lack of clarity on promoter equity infusion, severe erosion in refinancing flexibility and insufficient cash balance (Rs 12,500 crore as of December 2019). The ruling has also elevated the risk of acceleration in the payment of financial liabilities. Also, even if VIL pays the principal amount for AGR dues to comply partially with the SC order, the current cash and equivalent and future cash flows will prove insufficient to meet the financial obligations, in Ind-Ra\u2019s view,\u201d the rating agency said.
SBI is the biggest lender to the telecom sector in absolute terms with total loan exposure of Rs 29,000 crore out of which Rs 4,750 crore is to Vodafone Idea. Last week SBI chairman Rajnish Kumar said the bank\u2019s total non-funded exposure to the sector is at Rs 14,000 crore. Vodafone Idea shares fell 11 per cent to Rs 3 on the BSE on Tuesday.
<\/div><\/div>
Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"26.0","minfoseo":"26-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1582083078640","minfoseo":"1582083078640"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"GadgetsMarkedReviewed":{"minfo":"0","minfoseo":"0"},"HashCode":{"minfo":"1768404491","minfoseo":"1768404491"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"canonicalURL":{"minfo":"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/vodafone-idea-bankers-brace-for-higher-provisions-on-loans\/articleshow\/74200950.cms","minfoseo":"https\/economictimes-indiatimes-com\/markets\/stocks\/news\/vodafone-idea-bankers-brace-for-higher-provisions-on-loans\/articleshow\/74200950-cms"},"OriginalImageHeightPx":{"minfo":"900.0","minfoseo":"900-0"},"OriginalImageWidthPx":{"minfo":"1200.0","minfoseo":"1200-0"},"NumberOfCharacters":{"minfo":"3812.0","minfoseo":"3812-0"},"NumberOfWords":{"minfo":"665.0","minfoseo":"665-0"},"key":{"0":{"keyid":"1553175","value":"Vodafone Idea","smid":"0","keynameseo":"Vodafone-Idea","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"45660","value":"Yes Bank","smid":"0","keynameseo":"Yes-Bank","keytype":"","keycount":"totalcount","weightage":"80"},"2":{"keyid":"46717","value":"IndusInd Bank","smid":"0","keynameseo":"IndusInd-Bank","keytype":"","keycount":"totalcount","weightage":"80"},"3":{"keyid":"268950","value":"SMC Global Securities","smid":"0","keynameseo":"SMC-Global-Securities","keytype":"","keycount":"totalcount","weightage":"40"},"5":{"keyid":"45810","value":"bankers","smid":"0","keynameseo":"bankers","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"49628","value":"analysts","smid":"0","keynameseo":"analysts","keytype":"","keycount":"totalcount","weightage":"20"},"7":{"keyid":"349263","value":"AGR","smid":"0","keynameseo":"AGR","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":{"artau":"Joel Rebello","aunameseo":"joel-rebello","artauid":"479242808","artauemail":"joel.rebello@timesgroup.com","auselfimageid":"479242808","auimageid":"00479242808","auimagelen":"42742","auFullName":"Joel Rebello","pubname":"ET","designame":"Assistant Editor","audetailsxml":{"authordetails":"Joel has been a financial journalist for more than 14 years, specializing in banks. He has been with The Economic Times since October 2015. He considers himself blessed to have learnt the nuances of finance while doing his job over the years. In his free time Joel likes to read, watch football and spend time with his family.","details":{"detail":[{"@attributes":{"type":"occupation"}},{"@attributes":{"type":"beat"}}]}},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"auagencyid":"88675387","auagencyname":"ET Bureau","autype":"GENERAL"}},"similarlytagged":[{"msid":"96634785","stname":"Vodafone Idea rolls out new data add-on plans with ad-free music benefit","artsyn":"These Vodafone Idea plans are priced at Rs 25 and Rs 55, and offer 1.1GB data and 3.3GB data, respectively, with a validity of 1 day and 7 days.","seolocation":"telecomnews\/vodafone-idea-rolls-out-new-data-add-on-plans-with-ad-free-music-benefit","seolocationalt":"Vodafone Idea rolls out new data add-on plans with ad-free music benefit","url_seo":"vodafone-idea-rolls-out-new-data-add-on-plans-with-ad-free-music-benefit"},{"msid":"96593761","stname":"AGR to exclude revenue from landline services: DoT","artsyn":"\u200b\u201cIt is clarified that for calculating total SUC payable with the weighted average method, the actual AGR will be taken after excluding revenue from wireline services,\u201d DoT said in an order, dated December 26, which was issued Thursday.","seolocation":"telecomnews\/agr-to-exclude-revenue-from-landline-services-dot","seolocationalt":"AGR to exclude revenue from landline services: DoT","url_seo":"agr-to-exclude-revenue-from-landline-services-dot"},{"msid":"96582610","stname":"Airtel plans to list profitable payments bank, no plans to charge premium for 5G","artsyn":"The official said Airtel is not looking at a premium pricing for its 5G services, which is being rolled out at a rapid pace, and reiterated that the telco doesn\u2019t need the 700 MHz band in the future as well for its next gen services. He added that currently, only 12% of the devices support 5G in India and that significant revenue opportunities from captive networks were still sometime away, with use cases still being developed and trialled.\u200b","seolocation":"telecomnews\/airtel-plans-to-list-profitable-payments-bank-no-plans-to-charge-premium-for-5g","seolocationalt":"Airtel plans to list profitable payments bank, no plans to charge premium for 5G","url_seo":"airtel-plans-to-list-profitable-payments-bank-no-plans-to-charge-premium-for-5g"},{"msid":"96570057","stname":"DoT dials telcos on call drops, service quality issues; discusses interventions, measures needed","artsyn":"The issue of interference from illegal boosters and Right of Way (RoW) challenges came up for discussion at the meeting, which lasted for almost two hours. Sources said that operators made a detailed presentation to the Department of Telecom on current levels of service quality against stipulated benchmarks.","seolocation":"telecomnews\/telecom-department-discusses-service-quality-issues-with-telcos","seolocationalt":"DoT dials telcos on call drops, service quality issues; discusses interventions, measures needed","url_seo":"telecom-department-discusses-service-quality-issues-with-telcos"},{"msid":"96569405","stname":"Identify 6 GHz band for mobile applications to improve service quality: Telco group","artsyn":"\u201cWe recommend that the most optimal allocation for the country in the 6 GHz band would be to identify the entire 5925-7125 MHz (1200 MHz) spectrum in the 6 GHz band for mobile applications as this would maximise the economic and societal benefits for the nation,\u201d SP Kochhar, director-general, COAI said, adding that since the band offer both coverage and capacity, it would boost quality of service (QoS) in 5G era.","seolocation":"telecomnews\/identify-6-ghz-band-for-mobile-applications-to-improve-service-quality-telco-group","seolocationalt":"Identify 6 GHz band for mobile applications to improve service quality: Telco group","url_seo":"identify-6-ghz-band-for-mobile-applications-to-improve-service-quality-telco-group"},{"msid":"96530742","stname":"DoT to meet mobile operators to discuss service quality","artsyn":"\"The meeting will be overseen by telecom secretary K Rajaraman,\" an official told ET. It may also be shifted to the first week of January in case officials of DoT or executives of telecom operators are unavailable due to year-end holidays.","seolocation":"telecomnews\/dot-to-meet-mobile-operators-to-discuss-service-quality","seolocationalt":"DoT to meet mobile operators to discuss service quality","url_seo":"dot-to-meet-mobile-operators-to-discuss-service-quality"},{"msid":"96460251","stname":"CloudExtel and Shaurrya Teleservices aim to densify 5G infrastructure","artsyn":"Kunal Bajaj, Founder and CEO of CloudExtel said initial trials for 5G small cells deployment have begun and the pace will pick up over the coming months as the telecom operators are initially focusing on macro layers for achieving coverage. \u201cSmall cells will follow where deeper penetration and capacity offload is required,\u201d he added.","seolocation":"telecomnews\/cloudextel-and-shaurrya-teleservices-aim-to-densify-5g-infrastructure","seolocationalt":"CloudExtel and Shaurrya Teleservices aim to densify 5G infrastructure","url_seo":"cloudextel-and-shaurrya-teleservices-aim-to-densify-5g-infrastructure"},{"msid":"96450690","stname":"Indus Towers appoints Prachur Sah as MD & CEO","artsyn":"The appointment, subject to the approval of the company's shareholders, comes after the previous managing director and CEO, Bimal Dayal resigned from the post to join Adani Transmission as the CEO from October 1.","seolocation":"telecomnews\/indus-towers-appoints-prachur-sah-as-md-ceo","seolocationalt":"Indus Towers appoints Prachur Sah as MD & CEO","url_seo":"indus-towers-appoints-prachur-sah-as-md-ceo"},{"msid":"96448457","stname":"Jio rolls out new Rs 2,023 prepaid plan, bundles additional benefits with Rs 2,999 plan","artsyn":"The new Jio prepaid plan, as well as, the additional benefits with the Rs 2,999 prepaid plan have been rolled out under Jio's 'Happy New Year 2023' offer.","seolocation":"telecomnews\/jio-rolls-out-new-rs-2023-prepaid-plan-bundles-additional-benefits-with-rs-2999-plan","seolocationalt":"Jio rolls out new Rs 2,023 prepaid plan, bundles additional benefits with Rs 2,999 plan","url_seo":"jio-rolls-out-new-rs-2023-prepaid-plan-bundles-additional-benefits-with-rs-2999-plan"},{"msid":"96440233","stname":"Football fans' phones go into extra time","artsyn":"Industry executives and analysts, though, expect this higher data usage to translate to modest incremental revenue growth for the telecom sector in the third quarter. Digital viewership of football - unlike cricket - isn't a mass phenomenon yet in India, but limited to urban pockets and states traditionally home to fans of international soccer.","seolocation":"telecomnews\/football-fans-phones-go-into-extra-time","seolocationalt":"Football fans' phones go into extra time","url_seo":"football-fans-phones-go-into-extra-time"},{"msid":"96421158","stname":"Vodafone Idea says received Global SOC2 Type 1 certification for managed security services","artsyn":"The compliance has been approved by the Association of International Certified Professional Accountants (AICPA) and audited by CPA of VISTA InfoSec, Vodafone Idea said in a statement.","seolocation":"telecomnews\/vodafone-idea-says-received-global-soc2-type-1-certification-for-managed-security-services","seolocationalt":"Vodafone Idea says received Global SOC2 Type 1 certification for managed security services","url_seo":"vodafone-idea-says-received-global-soc2-type-1-certification-for-managed-security-services"},{"msid":"96412147","stname":"Government pings telecom firms as call drops & failures rise on 5G shift","artsyn":"\"The telecom operators need to improve the quality of services as the current situation is not ideal,\" a senior Department of Telecommunications (DoT) official said. \"We have also written to Trai (Telecom Regulatory Authority of India) regarding the matter and will see how the issue can be resolved.\"","seolocation":"telecomnews\/government-pings-telecom-firms-as-call-drops-failures-rise-on-5g-shift","seolocationalt":"Government pings telecom firms as call drops & failures rise on 5G shift","url_seo":"government-pings-telecom-firms-as-call-drops-failures-rise-on-5g-shift"},{"msid":"96398447","stname":"Telcos seek 6 GHz spectrum band for 5G expansion","artsyn":"Industry experts said that India may require more mid-band spectrum for multiple use cases during the 2025-2030 period, adding that the telecom department should support new harmonised bands.","seolocation":"telecomnews\/telcos-seek-6-ghz-spectrum-band-for-5g-expansion","seolocationalt":"Telcos seek 6 GHz spectrum band for 5G expansion","url_seo":"telcos-seek-6-ghz-spectrum-band-for-5g-expansion"},{"msid":"96369734","stname":"Wireless licensing reforms fast-track investments in telecom sector: COAI\u2019s Kochhar","artsyn":"\u201cThe industry lauds the reforms brought in the areas of wireless licensing which has sped up investments and made it simpler to obtain the certificate clearance from the Standing Advisory Committee on Radio Frequency Allocation (SACFA), which is necessary to place small cells on street furniture, along with a marked reduction in the processing fee,\u201d SP Kochhar, Director-General of the telco body said in a statement on Tuesday.","seolocation":"telecomnews\/wireless-licensing-reforms-fast-tracks-investments-in-telecom-sector-coais-kochhar","seolocationalt":"Wireless licensing reforms fast-track investments in telecom sector: COAI\u2019s Kochhar","url_seo":"wireless-licensing-reforms-fast-tracks-investments-in-telecom-sector-coais-kochhar"},{"msid":"96364039","stname":"Jio trumps Airtel, Vodafone Idea on active user adds in October, consolidates market leadership: Trai","artsyn":"By contrast both Bharti Airtel and Vodafone Idea (Vi) lost active users, indicating continuing SIM consolidation triggered by costlier mobile services.","seolocation":"telecomnews\/jio-trumps-airtel-vodafone-idea-on-active-user-adds-in-october-consolidates-market-leadership-trai","seolocationalt":"Jio trumps Airtel, Vodafone Idea on active user adds in October, consolidates market leadership: Trai","url_seo":"jio-trumps-airtel-vodafone-idea-on-active-user-adds-in-october-consolidates-market-leadership-trai"},{"msid":"96357204","stname":"Vodafone Idea yet to set up 5G base station","artsyn":"The government kick-started the rollout of 5G in India from October 1 with telecom minister Ashwini Vaishnaw asking companies to set up at least 10,000 base stations every week. However, the beginning has been slow with only around 2,500 base stations coming up per week, according to figures released by the government in the Rajya Sabha.","seolocation":"telecomnews\/vodafone-idea-yet-to-set-up-5g-base-station","seolocationalt":"Vodafone Idea yet to set up 5G base station","url_seo":"vodafone-idea-yet-to-set-up-5g-base-station"},{"msid":"96357168","stname":"Telcos divided over artificial intelligence, Big Data benefits","artsyn":"In their submissions, Bharti Airtel and Vodafone Idea (Vi), though, said it\u2019s too early to even predict if AI and BD can drive internal efficiency and lead to optimisation of telco networks as both technologies remain at a nascent stage.","seolocation":"telecomnews\/telcos-divided-over-artificial-intelligence-big-data-benefits","seolocationalt":"Telcos divided over artificial intelligence, Big Data benefits","url_seo":"telcos-divided-over-artificial-intelligence-big-data-benefits"},{"msid":"96340973","stname":"Jio, Airtel gain subs in October at Vodafone Idea's expense: Trai","artsyn":"Vodafone Idea (Vi) lost a whopping 3.5 million mobile users in October, further shrinking its user base to 245.62 million. By contrast, Jio and Airtel user bases swelled to 421.38 million and 365.02 million respectively, latest subscriber data collated by the Telecom Regulatory Authority of India (Trai) showed.","seolocation":"telecomnews\/jio-airtel-gain-subs-in-october-at-vodafone-ideas-expense-trai","seolocationalt":"Jio, Airtel gain subs in October at Vodafone Idea's expense: Trai","url_seo":"jio-airtel-gain-subs-in-october-at-vodafone-ideas-expense-trai"},{"msid":"96231409","stname":"Sweden\u2019s Sivers sign $320,000 development agreement with Indian tech supplier to drive 5G mmWave","artsyn":"The agreement includes the development of the prototype based on Sivers\u2019 integrated 5G mmWave RFIC, and antenna array with the Intel Agilex baseband platform.","seolocation":"telecomnews\/swedens-sivers-sign-320000-development-agreement-with-indian-tech-supplier-to-drive-5g-mmwave","seolocationalt":"Sweden\u2019s Sivers sign $320,000 development agreement with Indian tech supplier to drive 5G mmWave","url_seo":"swedens-sivers-sign-320000-development-agreement-with-indian-tech-supplier-to-drive-5g-mmwave"},{"msid":"96166378","stname":"BSNL eyes HR transformation to turn a corner","artsyn":"On an average nearly 2,000 employees are set to retire every year over a 10-year period between 2022-2032, making it a more focussed organisation to compete with private industry players -- Reliance Jio, Bharti Airtel and Vodafone Idea.","seolocation":"telecomnews\/bsnl-eyes-hr-transformation-to-turn-a-corner","seolocationalt":"BSNL eyes HR transformation to turn a corner","url_seo":"bsnl-eyes-hr-transformation-to-turn-a-corner"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"1553175","value":"Vodafone Idea","smid":"0","keynameseo":"Vodafone-Idea","keytype":"","keycount":"totalcount","weightage":"100"},{"keyid":"45660","value":"Yes Bank","smid":"0","keynameseo":"Yes-Bank","keytype":"","keycount":"totalcount","weightage":"80"},{"keyid":"46717","value":"IndusInd Bank","smid":"0","keynameseo":"IndusInd-Bank","keytype":"","keycount":"totalcount","weightage":"80"},{"keyid":"268950","value":"SMC Global Securities","smid":"0","keynameseo":"SMC-Global-Securities","keytype":"","keycount":"totalcount","weightage":"40"},{"keyid":"6354887","value":"Industry","smid":"0","keynameseo":"Industry","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"45810","value":"bankers","smid":"0","keynameseo":"bankers","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"49628","value":"analysts","smid":"0","keynameseo":"analysts","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"349263","value":"AGR","smid":"0","keynameseo":"AGR","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"SMC Global Securities"},{"name":"Vodafone Idea"},{"name":"IndusInd Bank"},{"name":"Yes Bank"},{"name":"Industry"},{"name":"analysts"},{"name":"bankers"},{"name":"AGR"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["Vodafone Idea","Yes Bank","IndusInd Bank","SMC Global Securities","Industry","bankers","analysts","AGR"],"filterTags":[]},"breadcrumbTags":["Vodafone Idea","Yes Bank","IndusInd Bank","SMC Global Securities","Industry","bankers","analysts","AGR"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/vodafone-idea-bankers-brace-for-higher-provisions-on-loans\/74201072"}" data-news-images="[{"msid":"74200963","msname":"","msnameseo":"voda-idea-snip1","mediatype":"21","artdate":"2020-02-19 08:02:42.0","caption":""}]" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">
赞助的故事
<\/a><\/div>Citigroup lowers target price for Vodafone Idea<\/h4><\/a><\/div><\/a><\/div>Default fear pushes funds to ring-fence Vodafone Idea debt<\/h4><\/a><\/div><\/div>
The company is already rated below investment grade by rating agencies. On Tuesday, India Ratings & Research downgraded the company by two notches to B- from BBB- citing the company\u2019s inability to pay AGR dues.
\u201cInd-Ra believes VIL does not have the ability to pay the dues by March 17, 2020, given the lack of clarity on promoter equity infusion, severe erosion in refinancing flexibility and insufficient cash balance (Rs 12,500 crore as of December 2019). The ruling has also elevated the risk of acceleration in the payment of financial liabilities. Also, even if VIL pays the principal amount for AGR dues to comply partially with the SC order, the current cash and equivalent and future cash flows will prove insufficient to meet the financial obligations, in Ind-Ra\u2019s view,\u201d the rating agency said.
SBI is the biggest lender to the telecom sector in absolute terms with total loan exposure of Rs 29,000 crore out of which Rs 4,750 crore is to Vodafone Idea. Last week SBI chairman Rajnish Kumar said the bank\u2019s total non-funded exposure to the sector is at Rs 14,000 crore. Vodafone Idea shares fell 11 per cent to Rs 3 on the BSE on Tuesday.
<\/div><\/div>
Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"26.0","minfoseo":"26-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1582083078640","minfoseo":"1582083078640"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"GadgetsMarkedReviewed":{"minfo":"0","minfoseo":"0"},"HashCode":{"minfo":"1768404491","minfoseo":"1768404491"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"canonicalURL":{"minfo":"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/vodafone-idea-bankers-brace-for-higher-provisions-on-loans\/articleshow\/74200950.cms","minfoseo":"https\/economictimes-indiatimes-com\/markets\/stocks\/news\/vodafone-idea-bankers-brace-for-higher-provisions-on-loans\/articleshow\/74200950-cms"},"OriginalImageHeightPx":{"minfo":"900.0","minfoseo":"900-0"},"OriginalImageWidthPx":{"minfo":"1200.0","minfoseo":"1200-0"},"NumberOfCharacters":{"minfo":"3812.0","minfoseo":"3812-0"},"NumberOfWords":{"minfo":"665.0","minfoseo":"665-0"},"key":{"0":{"keyid":"1553175","value":"Vodafone Idea","smid":"0","keynameseo":"Vodafone-Idea","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"45660","value":"Yes Bank","smid":"0","keynameseo":"Yes-Bank","keytype":"","keycount":"totalcount","weightage":"80"},"2":{"keyid":"46717","value":"IndusInd Bank","smid":"0","keynameseo":"IndusInd-Bank","keytype":"","keycount":"totalcount","weightage":"80"},"3":{"keyid":"268950","value":"SMC Global Securities","smid":"0","keynameseo":"SMC-Global-Securities","keytype":"","keycount":"totalcount","weightage":"40"},"5":{"keyid":"45810","value":"bankers","smid":"0","keynameseo":"bankers","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"49628","value":"analysts","smid":"0","keynameseo":"analysts","keytype":"","keycount":"totalcount","weightage":"20"},"7":{"keyid":"349263","value":"AGR","smid":"0","keynameseo":"AGR","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":{"artau":"Joel Rebello","aunameseo":"joel-rebello","artauid":"479242808","artauemail":"joel.rebello@timesgroup.com","auselfimageid":"479242808","auimageid":"00479242808","auimagelen":"42742","auFullName":"Joel Rebello","pubname":"ET","designame":"Assistant Editor","audetailsxml":{"authordetails":"Joel has been a financial journalist for more than 14 years, specializing in banks. He has been with The Economic Times since October 2015. He considers himself blessed to have learnt the nuances of finance while doing his job over the years. In his free time Joel likes to read, watch football and spend time with his family.","details":{"detail":[{"@attributes":{"type":"occupation"}},{"@attributes":{"type":"beat"}}]}},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"auagencyid":"88675387","auagencyname":"ET Bureau","autype":"GENERAL"}},"similarlytagged":[{"msid":"96634785","stname":"Vodafone Idea rolls out new data add-on plans with ad-free music benefit","artsyn":"These Vodafone Idea plans are priced at Rs 25 and Rs 55, and offer 1.1GB data and 3.3GB data, respectively, with a validity of 1 day and 7 days.","seolocation":"telecomnews\/vodafone-idea-rolls-out-new-data-add-on-plans-with-ad-free-music-benefit","seolocationalt":"Vodafone Idea rolls out new data add-on plans with ad-free music benefit","url_seo":"vodafone-idea-rolls-out-new-data-add-on-plans-with-ad-free-music-benefit"},{"msid":"96593761","stname":"AGR to exclude revenue from landline services: DoT","artsyn":"\u200b\u201cIt is clarified that for calculating total SUC payable with the weighted average method, the actual AGR will be taken after excluding revenue from wireline services,\u201d DoT said in an order, dated December 26, which was issued Thursday.","seolocation":"telecomnews\/agr-to-exclude-revenue-from-landline-services-dot","seolocationalt":"AGR to exclude revenue from landline services: DoT","url_seo":"agr-to-exclude-revenue-from-landline-services-dot"},{"msid":"96582610","stname":"Airtel plans to list profitable payments bank, no plans to charge premium for 5G","artsyn":"The official said Airtel is not looking at a premium pricing for its 5G services, which is being rolled out at a rapid pace, and reiterated that the telco doesn\u2019t need the 700 MHz band in the future as well for its next gen services. He added that currently, only 12% of the devices support 5G in India and that significant revenue opportunities from captive networks were still sometime away, with use cases still being developed and trialled.\u200b","seolocation":"telecomnews\/airtel-plans-to-list-profitable-payments-bank-no-plans-to-charge-premium-for-5g","seolocationalt":"Airtel plans to list profitable payments bank, no plans to charge premium for 5G","url_seo":"airtel-plans-to-list-profitable-payments-bank-no-plans-to-charge-premium-for-5g"},{"msid":"96570057","stname":"DoT dials telcos on call drops, service quality issues; discusses interventions, measures needed","artsyn":"The issue of interference from illegal boosters and Right of Way (RoW) challenges came up for discussion at the meeting, which lasted for almost two hours. Sources said that operators made a detailed presentation to the Department of Telecom on current levels of service quality against stipulated benchmarks.","seolocation":"telecomnews\/telecom-department-discusses-service-quality-issues-with-telcos","seolocationalt":"DoT dials telcos on call drops, service quality issues; discusses interventions, measures needed","url_seo":"telecom-department-discusses-service-quality-issues-with-telcos"},{"msid":"96569405","stname":"Identify 6 GHz band for mobile applications to improve service quality: Telco group","artsyn":"\u201cWe recommend that the most optimal allocation for the country in the 6 GHz band would be to identify the entire 5925-7125 MHz (1200 MHz) spectrum in the 6 GHz band for mobile applications as this would maximise the economic and societal benefits for the nation,\u201d SP Kochhar, director-general, COAI said, adding that since the band offer both coverage and capacity, it would boost quality of service (QoS) in 5G era.","seolocation":"telecomnews\/identify-6-ghz-band-for-mobile-applications-to-improve-service-quality-telco-group","seolocationalt":"Identify 6 GHz band for mobile applications to improve service quality: Telco group","url_seo":"identify-6-ghz-band-for-mobile-applications-to-improve-service-quality-telco-group"},{"msid":"96530742","stname":"DoT to meet mobile operators to discuss service quality","artsyn":"\"The meeting will be overseen by telecom secretary K Rajaraman,\" an official told ET. It may also be shifted to the first week of January in case officials of DoT or executives of telecom operators are unavailable due to year-end holidays.","seolocation":"telecomnews\/dot-to-meet-mobile-operators-to-discuss-service-quality","seolocationalt":"DoT to meet mobile operators to discuss service quality","url_seo":"dot-to-meet-mobile-operators-to-discuss-service-quality"},{"msid":"96460251","stname":"CloudExtel and Shaurrya Teleservices aim to densify 5G infrastructure","artsyn":"Kunal Bajaj, Founder and CEO of CloudExtel said initial trials for 5G small cells deployment have begun and the pace will pick up over the coming months as the telecom operators are initially focusing on macro layers for achieving coverage. \u201cSmall cells will follow where deeper penetration and capacity offload is required,\u201d he added.","seolocation":"telecomnews\/cloudextel-and-shaurrya-teleservices-aim-to-densify-5g-infrastructure","seolocationalt":"CloudExtel and Shaurrya Teleservices aim to densify 5G infrastructure","url_seo":"cloudextel-and-shaurrya-teleservices-aim-to-densify-5g-infrastructure"},{"msid":"96450690","stname":"Indus Towers appoints Prachur Sah as MD & CEO","artsyn":"The appointment, subject to the approval of the company's shareholders, comes after the previous managing director and CEO, Bimal Dayal resigned from the post to join Adani Transmission as the CEO from October 1.","seolocation":"telecomnews\/indus-towers-appoints-prachur-sah-as-md-ceo","seolocationalt":"Indus Towers appoints Prachur Sah as MD & CEO","url_seo":"indus-towers-appoints-prachur-sah-as-md-ceo"},{"msid":"96448457","stname":"Jio rolls out new Rs 2,023 prepaid plan, bundles additional benefits with Rs 2,999 plan","artsyn":"The new Jio prepaid plan, as well as, the additional benefits with the Rs 2,999 prepaid plan have been rolled out under Jio's 'Happy New Year 2023' offer.","seolocation":"telecomnews\/jio-rolls-out-new-rs-2023-prepaid-plan-bundles-additional-benefits-with-rs-2999-plan","seolocationalt":"Jio rolls out new Rs 2,023 prepaid plan, bundles additional benefits with Rs 2,999 plan","url_seo":"jio-rolls-out-new-rs-2023-prepaid-plan-bundles-additional-benefits-with-rs-2999-plan"},{"msid":"96440233","stname":"Football fans' phones go into extra time","artsyn":"Industry executives and analysts, though, expect this higher data usage to translate to modest incremental revenue growth for the telecom sector in the third quarter. Digital viewership of football - unlike cricket - isn't a mass phenomenon yet in India, but limited to urban pockets and states traditionally home to fans of international soccer.","seolocation":"telecomnews\/football-fans-phones-go-into-extra-time","seolocationalt":"Football fans' phones go into extra time","url_seo":"football-fans-phones-go-into-extra-time"},{"msid":"96421158","stname":"Vodafone Idea says received Global SOC2 Type 1 certification for managed security services","artsyn":"The compliance has been approved by the Association of International Certified Professional Accountants (AICPA) and audited by CPA of VISTA InfoSec, Vodafone Idea said in a statement.","seolocation":"telecomnews\/vodafone-idea-says-received-global-soc2-type-1-certification-for-managed-security-services","seolocationalt":"Vodafone Idea says received Global SOC2 Type 1 certification for managed security services","url_seo":"vodafone-idea-says-received-global-soc2-type-1-certification-for-managed-security-services"},{"msid":"96412147","stname":"Government pings telecom firms as call drops & failures rise on 5G shift","artsyn":"\"The telecom operators need to improve the quality of services as the current situation is not ideal,\" a senior Department of Telecommunications (DoT) official said. \"We have also written to Trai (Telecom Regulatory Authority of India) regarding the matter and will see how the issue can be resolved.\"","seolocation":"telecomnews\/government-pings-telecom-firms-as-call-drops-failures-rise-on-5g-shift","seolocationalt":"Government pings telecom firms as call drops & failures rise on 5G shift","url_seo":"government-pings-telecom-firms-as-call-drops-failures-rise-on-5g-shift"},{"msid":"96398447","stname":"Telcos seek 6 GHz spectrum band for 5G expansion","artsyn":"Industry experts said that India may require more mid-band spectrum for multiple use cases during the 2025-2030 period, adding that the telecom department should support new harmonised bands.","seolocation":"telecomnews\/telcos-seek-6-ghz-spectrum-band-for-5g-expansion","seolocationalt":"Telcos seek 6 GHz spectrum band for 5G expansion","url_seo":"telcos-seek-6-ghz-spectrum-band-for-5g-expansion"},{"msid":"96369734","stname":"Wireless licensing reforms fast-track investments in telecom sector: COAI\u2019s Kochhar","artsyn":"\u201cThe industry lauds the reforms brought in the areas of wireless licensing which has sped up investments and made it simpler to obtain the certificate clearance from the Standing Advisory Committee on Radio Frequency Allocation (SACFA), which is necessary to place small cells on street furniture, along with a marked reduction in the processing fee,\u201d SP Kochhar, Director-General of the telco body said in a statement on Tuesday.","seolocation":"telecomnews\/wireless-licensing-reforms-fast-tracks-investments-in-telecom-sector-coais-kochhar","seolocationalt":"Wireless licensing reforms fast-track investments in telecom sector: COAI\u2019s Kochhar","url_seo":"wireless-licensing-reforms-fast-tracks-investments-in-telecom-sector-coais-kochhar"},{"msid":"96364039","stname":"Jio trumps Airtel, Vodafone Idea on active user adds in October, consolidates market leadership: Trai","artsyn":"By contrast both Bharti Airtel and Vodafone Idea (Vi) lost active users, indicating continuing SIM consolidation triggered by costlier mobile services.","seolocation":"telecomnews\/jio-trumps-airtel-vodafone-idea-on-active-user-adds-in-october-consolidates-market-leadership-trai","seolocationalt":"Jio trumps Airtel, Vodafone Idea on active user adds in October, consolidates market leadership: Trai","url_seo":"jio-trumps-airtel-vodafone-idea-on-active-user-adds-in-october-consolidates-market-leadership-trai"},{"msid":"96357204","stname":"Vodafone Idea yet to set up 5G base station","artsyn":"The government kick-started the rollout of 5G in India from October 1 with telecom minister Ashwini Vaishnaw asking companies to set up at least 10,000 base stations every week. However, the beginning has been slow with only around 2,500 base stations coming up per week, according to figures released by the government in the Rajya Sabha.","seolocation":"telecomnews\/vodafone-idea-yet-to-set-up-5g-base-station","seolocationalt":"Vodafone Idea yet to set up 5G base station","url_seo":"vodafone-idea-yet-to-set-up-5g-base-station"},{"msid":"96357168","stname":"Telcos divided over artificial intelligence, Big Data benefits","artsyn":"In their submissions, Bharti Airtel and Vodafone Idea (Vi), though, said it\u2019s too early to even predict if AI and BD can drive internal efficiency and lead to optimisation of telco networks as both technologies remain at a nascent stage.","seolocation":"telecomnews\/telcos-divided-over-artificial-intelligence-big-data-benefits","seolocationalt":"Telcos divided over artificial intelligence, Big Data benefits","url_seo":"telcos-divided-over-artificial-intelligence-big-data-benefits"},{"msid":"96340973","stname":"Jio, Airtel gain subs in October at Vodafone Idea's expense: Trai","artsyn":"Vodafone Idea (Vi) lost a whopping 3.5 million mobile users in October, further shrinking its user base to 245.62 million. By contrast, Jio and Airtel user bases swelled to 421.38 million and 365.02 million respectively, latest subscriber data collated by the Telecom Regulatory Authority of India (Trai) showed.","seolocation":"telecomnews\/jio-airtel-gain-subs-in-october-at-vodafone-ideas-expense-trai","seolocationalt":"Jio, Airtel gain subs in October at Vodafone Idea's expense: Trai","url_seo":"jio-airtel-gain-subs-in-october-at-vodafone-ideas-expense-trai"},{"msid":"96231409","stname":"Sweden\u2019s Sivers sign $320,000 development agreement with Indian tech supplier to drive 5G mmWave","artsyn":"The agreement includes the development of the prototype based on Sivers\u2019 integrated 5G mmWave RFIC, and antenna array with the Intel Agilex baseband platform.","seolocation":"telecomnews\/swedens-sivers-sign-320000-development-agreement-with-indian-tech-supplier-to-drive-5g-mmwave","seolocationalt":"Sweden\u2019s Sivers sign $320,000 development agreement with Indian tech supplier to drive 5G mmWave","url_seo":"swedens-sivers-sign-320000-development-agreement-with-indian-tech-supplier-to-drive-5g-mmwave"},{"msid":"96166378","stname":"BSNL eyes HR transformation to turn a corner","artsyn":"On an average nearly 2,000 employees are set to retire every year over a 10-year period between 2022-2032, making it a more focussed organisation to compete with private industry players -- Reliance Jio, Bharti Airtel and Vodafone Idea.","seolocation":"telecomnews\/bsnl-eyes-hr-transformation-to-turn-a-corner","seolocationalt":"BSNL eyes HR transformation to turn a corner","url_seo":"bsnl-eyes-hr-transformation-to-turn-a-corner"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"1553175","value":"Vodafone Idea","smid":"0","keynameseo":"Vodafone-Idea","keytype":"","keycount":"totalcount","weightage":"100"},{"keyid":"45660","value":"Yes Bank","smid":"0","keynameseo":"Yes-Bank","keytype":"","keycount":"totalcount","weightage":"80"},{"keyid":"46717","value":"IndusInd Bank","smid":"0","keynameseo":"IndusInd-Bank","keytype":"","keycount":"totalcount","weightage":"80"},{"keyid":"268950","value":"SMC Global Securities","smid":"0","keynameseo":"SMC-Global-Securities","keytype":"","keycount":"totalcount","weightage":"40"},{"keyid":"6354887","value":"Industry","smid":"0","keynameseo":"Industry","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"45810","value":"bankers","smid":"0","keynameseo":"bankers","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"49628","value":"analysts","smid":"0","keynameseo":"analysts","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"349263","value":"AGR","smid":"0","keynameseo":"AGR","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"SMC Global Securities"},{"name":"Vodafone Idea"},{"name":"IndusInd Bank"},{"name":"Yes Bank"},{"name":"Industry"},{"name":"analysts"},{"name":"bankers"},{"name":"AGR"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["Vodafone Idea","Yes Bank","IndusInd Bank","SMC Global Securities","Industry","bankers","analysts","AGR"],"filterTags":[]},"breadcrumbTags":["Vodafone Idea","Yes Bank","IndusInd Bank","SMC Global Securities","Industry","bankers","analysts","AGR"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/vodafone-idea-bankers-brace-for-higher-provisions-on-loans\/74201072"}" data-news-images="[{"msid":"74200963","msname":"","msnameseo":"voda-idea-snip1","mediatype":"21","artdate":"2020-02-19 08:02:42.0","caption":""}]" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">
赞助的故事
<\/a><\/div>
