Jio Financial: What's Behind Ambani's Lending Ambition?
The Morning Brief
00:00
Introduction
Mukesh Ambani's Reliance Industries has launched a new business, geo-financial services. It is the first non-oiling gas equity offering from the groups since 2005. With licenses locked up and data in store, customers captured through verticals, the checklist is all but done. But why is the finance Fourier which is being headed by none other than KV Karmat so eerily quiet? Is the delay deliberate and is this the quiet before the storm? Can they dial up a geo-play book or will finance be a different devil with tougher regulator and more formidable opponents?
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