Airtel Announces Its Lending Arm 'Airtel Money' | Invests $2.2Bn; Why Lending Is A Big Business

With the RBI sticking to its stance against allowing corporates into banking, many groups have instead turned to NBFC licences over the years. Large business houses such as Larsen & Toubro and Godrej Group also operate non-banking financial arms. Now Airtel & Reliance. But why? #airtel #reliance #jio #jiofinancial #airtelpaymentbank #airtelmoney #mukeshambani #sunilbhartimittal #abhinavtrivedi #narendramodi #telecom #ai #artificialintelligence #data #loans #debt #india #credit