Will Reliance disrupt the world of money?
Finshots Daily
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The Future of Reliance Telecom
Mokey Jambani doesn't want to deal with the issues of leverage. Most fin-serve companies first need to borrow money before they can lend it out. By demerging and listing JFS, it kind of negates this problem. Also, Reliance can attract a whole new set of investors to this business. Big institutional players might want to ride India's FinTech wave, but may not want a price of oil and gas or retail.
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