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CARE upgrades outlook on Vodafone Idea to positive; reaffirms ratings

The ratings, however, remains underpinned by VIL's deteriorated financial risk profile, wherein, the tangible net-worth has eroded

Abhijit Lele Business Standard Mumbai
Vodafone Idea
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Vodafone Idea

CARE Ratings on Thursday revised outlook on Vodafone Idea (Vi) bank facilities to "positive" from "stable". It also reaffirmed "B+" rating for debentures and long-term loans. The outlook upgrade has b
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Vodafone Idea

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First Published: Mar 16 2023 | 9:09 PM IST

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