
Jio Financial: What's Behind Ambani's Lending Ambition?
The Morning Brief
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The Demerger of Reliance
With appointment of KV Karmath, we can see a beginning has indeed been made. But the beginning has been a long time coming, as you're saying, Ajit, right? I mean, they were one of the first to get into the payment space. It's been over eight years since they've had that license. The NBFC license has been in place. We have actually seen very little small attempts. Now, this is where the risky path starts. When you demerge, the moment you list, you're on the treadmill. You'll be judged on quarter on quarter. That's the question I think many have.
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