Cabinet clears bank guarantee waiver for spectrum auctioned since 2012
Bharti Airtel and Reliance Jio too will benefit as they also don’t need to submit the BGs, though the impact will be small. Airtel was scheduled to submit BGs to the tune of Rs 2300 crore next year while the amount for Reliance Jio was around Rs 4,000 crore.
Bharti Airtel and Reliance Jio too will benefit as they also don’t need to submit the BGs, though the impact will be small. Airtel was scheduled to submit BGs to the tune of Rs 2300 crore next year while the amount for Reliance Jio was around Rs 4,000 crore.
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