Fintech company Jio ... payments bank provides basic banking services like deposits, withdrawals, remittances, and payments to underbanked and unbanked populations by offering small savings ...

Reliance Industries Chairman Mukesh Ambani-led Jio Financial Services Ltd on March 4, 2025, announced its acquisition of 7.9 crore shares of Jio Payments Bank from State Bank of India (SBI ...

Jio Financial Services on Tuesday said it will acquire SBI's entire stake in Jio Payments Bank for Rs 104.54 crore. Jio Financial currently holds 82.17 per cent stake in Jio Payments Bank Limited ...

and the payments bank saw a 25% quarter-on-quarter increase in its CASA (Current Account and Savings Account) customer base, reaching 1.89 million. Following the positive earnings report, shares of ...