Vi's missed bank guarantees trigger DoT notice amidst waiver talk

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Vi's missed bank guarantees trigger DoT notice amidst waiver talk - Business Standard

Quick Summary:

Previously, Vodafone Idea had requested a waiver for these guarantees.

Under these reforms, the 2022 and 2024 auctions did not impose a requirement for submitting guarantees.

The notice comes amid ongoing discussions between the DoT and the Finance Ministry about a possible waiver of the bank guarantee requirement, though no conclusion has been reached yet.