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Jio Financial: What's Behind Ambani's Lending Ambition?

The Morning Brief

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The Future of Geo-Financial Services

Ambani's JFS has said it wants to be a universal financial service provider. The first thing that will go off the gates is unsecured consumer lending, says Ravi Agrawal. There are only four or five AAA-rated NBFCs in India and Ambani could become one of them. Bajaj as well its auto arm is looking at a finance venture with Paramils.

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