/
•
•
The conglomerate’s plan to enter customer-facing businesses comes as part of efforts to take on companies like Reliance Industries (in e-commerce) and Google (in digital payments).

The retired banker wants India’s top companies to invest in AI. But the capital, ambition, and urgency simply aren’t there.
An NBFC licence and a string of approvals give the fintech firm a fresh shot at relevance. But patchy execution, intense competition and a stagnant core cast doubt on whether it can capitalize on the opportunity.
The regulator’s proposals to introduce checks and safety features in instant payments, if implemented, may end up testing banks.