Vodafone Idea Limited announced on March 4, 2026, that ICRA Limited has upgraded its credit rating for Long Term Fund Based Term Loans from '[ICRA] BBB- (Outlook: Stable)' to '[ICRA] BBB (Outlook: Positive)'. This upgrade reflects a positive revision in the outlook for the company's long-term debt instruments. The rating rationale provided by ICRA is available on their website.