Vodafone Idea (Vi) is looking to secure ₹25,000 crore (approximately $3 billion USD) in debt funding from a consortium led by the State Bank of India (SBI) following a significant reduction in its adjusted gross revenue (AGR) liabilities. The Department of Telecommunications (DoT) recently cut Vi's AGR dues from ₹87,695 crore to ₹64,046 crore, allowing for staggered payments over a ten-year period. This relief is expected to enhance lender confidence and enable Vi to focus on upgrading its infrastructure and achieving 5G parity in key markets. The company plans to invest ₹45,000 crore over the next three years to drive a turnaround in performance, targeting double-digit annual revenue growth and tripling its EBITDA. However, analysts warn that a tariff hike of 20-25% may be essential for Vi to meet its remaining payment obligations and regain market competitiveness against rivals like Reliance Jio and Bharti Airtel. While the financial outlook has improved, banks remain cautious, as Vi must demonstrate its ability to generate revenue per user to secure the necessary funding.