Sources have informed ET NOW that the meeting between DFS Secretary and payment banks will touch upon issues pertaining to ...

Jio Financial Services currently holds an 82.17 per cent stake in Jio Payments Bank, a collaborative effort between Jio Financial (backed by Reliance Industries) and SBI, the largest state-run lender ...

India’s Jio Financial Services has agreed to purchase the remaining stake in Jio Payments Bank (JPBL) from State Bank of India (SBI). This acquisition involves a total of 7,90,80,000 equity shares for ...

With a strong focus on digital financial solutions, the company is well-positioned for growth in India’s financial sector ...

The acquisition is subject to the approval of the RBI and is expected to be completed within 45 days post receipt of RBI ...

JFS now owns an 82.17% interest in Jio Payments Bank, a joint venture which was initiated between SBI and JFS in 2018.

The financial services provider owns about 82.17% of Jio Payments Bank, begun in 2018. Its current stake-buy plans are subject to approval by the Reserve Bank of India, it said in its statement.

Jio Financial currently holds 82.17 per cent of the paid-up equity share capital of Jio Payments Bank Limited, a joint venture of the company and State Bank of India (SBI) ...

Jio Financial share price finished at ₹221.90 apiece on the NSE on Friday, recording around 12% upside from its 52-week low ...

Allianz SE is eyeing a second innings in India’s general and life insurance market, this time in partnership with Jio ...

The acquisition will raise Jio Fin’s shareholding in Jio Payments Bank from 82.17% to 100%, converting it into a wholly-owned ...