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Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

India’s third-largest telecom operator Vodafone Idea (Vi) has secured a 10-year breather on adjusted gross revenue (AGR) payments from the Department of Telecommunications (DoT). Photograph: Anushree Fadnavis/Reuters This is expected to ease pressure on its balance sheet and enable the

IDFC First Bank cuts savings account rates, introduces new balance slabs

IDFC First Bank cuts savings account rates, introduces new balance slabs

Private sector lender IDFC First Bank has lowered its savings account rates and introduced new slabs for small and medium balance categories, effective January 9, 2025, as per its website. Photograph: Courtesy, Wikimedia Commons The interest slabs and rates for