RIL financial business demerger positive, but no firecrackers for D-Street

October 25, 2022

The move is positive as RIL shareholders will have a direct play on India’s fast-growing digital fintech market through an entity which would be able to leverage RIL’s vast footprint across telecom and retail arena. Jio Financial Services plans to acquire liquid assets to provide adequate regulatory capital for lending to consumers, merchants.

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