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Earlier, Reuters reported that Jio Financial was in early talks with merchant bankers for its maiden bond issue. The report said the company is planning to raise $600 million to $1.2 billion through the issue.
"The market is large enough. There are many bigger brothers and sisters that we have. Even being present in 4,000 cities (currently) with assets close to ₹3 lakh-crore, we still have less than 2% of India s credit market," Sanjiv Bajaj said, responding to Bain Capital chairman Amit Chandra during a fireside chat after delivering a speech at an event organised by the Indian Merchants Chambers (IMC).
"The market is large enough. There are many bigger brothers and sisters that we have. Even being present in 4,000 cities (currently) with assets close to ₹3 lakh-crore, we still have less than 2% of India s credit market," Sanjiv Bajaj said, responding to Bain Capital chairman Amit Chandra during a fireside chat after delivering a speech at an event organised by the Indian Merchants Chambers (IMC).
Covid first wave was more about fear and the second wave is more about numbers and the impact of it. How big could be the impact of the Covid second wave to the economy and demand and how different is it from the first wave?
The first wave was as much about fear as it was about tackling the unknown because a lot less was known about the virus, it’s is impact both on health as well as on the economy and actions that were taken were taken with significantly less information available than today. This time is different to that extent. Over the last six to eight weeks, we have seen more localised lockdowns rather than a full national lockdown like last time. To that extent, its impact on the economy will be lower.