I have 2 questions. One is what kind of capex or investment we are going into AI infra? Can you give some color and what kind of ROI and payback you are envisaging? And secondly is when it will start impacting the P&L via either cost saving or some kind of faster turnaround or whatever the metrics you are taking...?
Questions across 3 calls
Kuntal Shah
Oaklane Capital
Bajaj Finance Limited
Hi, thanks for taking my call and Rajeev thanks to have you back on the call. So we heard Bajaj has tied up with Airtel and which was supposed to accelerate our customers' franchisee and increase the reach also. And LRS also talked about 200 million kind of numbers targeted. But when you look at Y -o-Y, our customer addition momentum has slowed down and so as cross -selling, I believe from 3.8% to 3.2% and 3.2% to 3.1%. Can you throw some light on that? And second is, you said AI is a transformative year this year 2026, but we see insurance, AMC, healthcare, etc all sitting in parent, broking, distribution, lending, sitting in your company. So how does this work AI strategy in terms of synergies, cost reduction, cross -sell. Shouldn't it be a common stack and come and outcomes and how do you achieve that?
Partially but common unified super app was what I think makes sense from tech perspective?
First question is, Rajeev, there was a news flow of RBL and Bajaj not getting the credit card extension beyond 1 year. And normally, the extensions are given for longer period. So wanted to solicit your comments and what is the issue out there on the regulatory front? And second is what's stopping RBI or you to activate credit card given the fact that worldwide credit cards are run by nonbanks?
So how is the partnership with the DBS coming along?