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Oct 4, 2023 • 14min
How the $17 billion-worth Jio Financial is gearing up to disrupt India's NBFC space
JFSL, valued at $17 billion, is rapidly disrupting India's NBFC space, hiring former ICICI Bank employees. Reliance's past attempt in finance failed, but their new ventures are successful. Challenges and opportunities of building JFSL from scratch are discussed, along with JFSL's relocation and Reliance's ambitions to become the top NBFC.