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Airtel's NBFC capital infusion unlikely to impact its cash flows: Citi Res
Updated : 2 months, 1 week ago IST
The report noted that Bharti Airtel currently generates approximately Rs 600 billion in annual consolidated free cash flow (excluding spectrum costs). Additionally, Airtel has initiated the final 75 per cent call on its Rs 210 billion partly-paid rights issue. Citi Research stated that the p
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Bharti Airtel to inject Rs 20,000 crore in its NBFC to boost digital lendi
Updated : 2 months, 1 week ago IST
The NBFC subsidiary will be capitalised with Rs 20,000 crore to be injected over the next few years. Airtel will contribute 70 per cent with the promoter group via Bharti Enterprises Limited, bringing in the balance 30 per cent.
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