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bajaj finance stock: Is old warhorse Bajaj Finance stocking $1 billion ammunition to ward off threat from Ambanis?

While the finer details on Mukesh Ambanis gameplan in the financial services sector is yet to be made public, Jio Financial has plans to foray into consumer, merchant and MSME lending. Market reports suggest that the company has already started consumer lending pilots in consumer durable and lifestyle stores owned by Reliance Retail.
Motilal Oswal Abhijit Tibrewal Mukesh Ambani Dnyanada Vaidya Nitin Aggarwal Jio Telecom

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