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Sleeping giant: Airtel Payments Bank may list in 3 to 4 years, says Sunil Mittal

Publié par CNBC-TV18 · Inde il y a 1 h
The sleeping giant: Sunil Bharti Mittal eyes Airtel Payments Bank IPO by 2030 - CNBC TV18
The sleeping giant: Sunil Bharti Mittal eyes Airtel Payments Bank IPO by 2030 - CNBC TV18 · CNBC-TV18

Résumé détaillé

Sunil Bharti Mittal, Chairman of Bharti Enterprises, outlines the group's global expansion plans, AI investments, sovereign cloud ambitions and data centre roadmap, with a target of 1 GW capacity by 2030.

Airtel Payments Bank could be heading for a stock market debut in the next three to four years, as Bharti Enterprises looks to scale up the business before taking it public.Sunil Bharti Mittal, Chairman of Bharti Enterprises, which owns Airtel, believes the payments bank has the potential to emerge as a much larger financial services business, describing it as a "sleeping giant" with nearly 100 million customers and revenue approaching ₹4,000 crore."It is a sleeping giant... And can we get to ₹10,000 crore revenue, ₹1,000 crore profit, with a ₹10,000 crore deposit? I think it's a possibility in the next few years.

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