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Vodafone Idea: Vi, though, claimed it is complying with DoT’s KYC rules. “We are in compliance with KYC guidelines prescribed by DoT from time to time,” a Vi spokesperson said in a written response to ET’s queries. The telco, however, declined to comment on steps taken to address DoT’s latest concerns around corporate customer verification. ....
The Department of Telecommunications (DoT) is behind Vodafone Idea (Vi) for providing mobile connections to corporate customers without following the mandatory know your customer (KYC). DoT rules for telecom companies state that all business SIMs issued to any company must remain in a deactivated state. ....
Read more about Make KYC norms non-mandatory: FPIs lobby group tells Sebi on Business Standard. The industry body has requested the regulator to permit updation of landline numbers of the officials instead of mobile numbers ....