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The board of Jio Financial Services Ltd. approved the acquisition of 7.9 crore shares of Jio Payments Bank Ltd. from State Bank of India for Rs 104 crore. Currently, JFSL holds an 82.17% stake in JPBL ...
Jio Financial Services is set to acquire SBI's stake in Jio Payments Bank for Rs 104.54 crore, making it a wholly owned subsidiary. The acquisition awaits Reserve Bank of India's approval and will be ...
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Mumbai: Jio Financial Services Ltd on Tuesday announced that its board approved the acquisition of 7.9 crore shares of Jio Payments Bank Ltd from State Bank of India for Rs 104.54 crore.
on Tuesday said it will buy out the State Bank of India stake in Jio Payments Bank. Jio Financial Services will buy back 7.9 crore shares of `104.54 crore and will make it a wholly-owned subsidiary.
is acquiring the entire stake of the State Bank of India (SBI) in its subsidiary Jio Payments Bank. JFS, which currently owns 82.17% of the paid-up equity share capital of Jio Payments Bank Ltd ...
announced on Tuesday that it will acquire State Bank of India’s remaining stake in Jio Payments Bank Ltd (JPBL), making the payments bank its wholly owned subsidiary. The shares of Jio Financial ...
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Jio Financial Services to buy 7.9 crore shares of Jio Payments Bank from SBI for Rs 104 crore ...