I Told You So

The four most unmitigated words in the Englilsh language: ‘I told you so’.

Two months ago:

‘I can think of two ways for Reliance to immediately start pulling in walk-in customers for services… start a line of co-branded credit cards…’

Today:

‘The Anil Dhirubhai Ambani Group (ADAG) has tied up with Citibank to launch its first credit card.’

Of course, I do have to swallow some of my words. I also said that the MNC banks didn’t have the reach. But ADAG’s gone ahead with Citi and restricted the launch to Delhi and Mumbai.

It’ll be interesting to see how this pans out. I’m still willing to bet that they’l launch their own cards within the next five years.

Leave a Reply