Airtel Money fires a ₹20,000-cr warning shot at Jio Financial
Airtel and its promoter group will invest ₹20,000 crore in Airtel Money, its new non-bank lending arm, competing with Jio Financial Services. The move allows Airtel to enter the lending market, aiming for a diversified portfolio and improved financial inclusion in India.
Airtel and its promoter group will invest ₹20,000 crore in Airtel Money, its new non-bank lending arm, competing with Jio Financial Services. The move allows Airtel to enter the lending market, aiming for a diversified portfolio and improved financial inclusion in India.
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