Bankers to discuss impact as Birla offers to give up stake in Voda Idea

Some issues beyond its control - spectrum payment and adjusted gross revenue dues - have created pressure, which the government is attempting to address

A day after news broke that K M Birla had written a letter expressing the Aditya Birla Group’s willingness to hand over its 27 per cent stake in Vodafone Idea (Vi) to the government or a domestic entity, lenders to the firm said they would discuss the implications of the letter and try to find a common solution.

Public sector bankers said they were not worried of Vi defaulting on repayment, and it has been servicing loans regularly. Some issues beyond its control – spectrum payment and adjusted gross revenue dues – have created pressure, which the government is attempting