Jio Financial Services

Joseph's appointment is among the first in the key positions of the AMC. The company is yet to announce a chief executive officer (CEO)

Technical charts suggest that stocks like TVS Motor, Lodha, DLF, Jio Financial Services and Federal Bank can potentially rally up to 19 per cent from present levels.

The NSE has approved the addition of 45 new stocks to the F&O; technical chart suggests that these 5 including the likes of Paytm, Zomato and Adani Total Gas can zoom up to 27% from present levels.

Money leaving the banking system and entering the markets through unsecured lending, cautions Kamath at the Business Standard BFSI Insight Summit

Customers can redeem their SmartGold units for cash or physical gold anytime they wish

The authorisation, effective from October 28 permits JPSL to handle digital transactions in compliance with Section 7 of the Payment and Settlement Systems Act, 2007

The Munich-based firm has indicated to its current partner Bajaj Finserv Ltd. that it's "actively considering an exit" from the ventures, according to a statement from Bajaj on Tuesday

The company's total expenses doubled to Rs 142 crore in the quarter under review, compared to Rs 71 crore

Jio Financial Services Ltd on Friday reported a marginal 3 per cent rise net profit to Rs 689 crore in the second quarter ended September 2024. The company had earned a consolidated net profit at Rs 668 crore in the same quarter a year ago. Total income increased to Rs 694 crore as against Rs 608 crore in the same quarter a year ago, Jio Financial Services said in a regulatory filing. However, total expenses doubled to Rs 146 crore as against Rs 71 crore in the same period in the previous year. Jio Financial Services Ltd pursuant to the application made to the RBI seeking registration as Core Investment Company (CIC), has received necessary approval and certificate of registration on July 9, 2024 from the RBI and thereby it has become a Non-Deposit taking Systemically Important Core Investment Company (CIC-ND-SI) with effect from that date, it said. Jio Financial Services, carved out from Reliance Industries Ltd, is engaged in the business of investing and financing, insurance ...

The 50-50 joint venture will lend to businesses ranging from large companies to startups, the people said, asking not to be identified as the information is not public

In addition, features such as seamless Unified Payments Interface (UPI) payments, mobile recharge, and the ability to pay credit card bills are empowering customers to transact digitally with ease

Jio Financial Services on Friday announced the launch of a new and improved JioFinance App that offers a range of services, including loans, savings accounts, UPI bill payments, recharges, and digital insurance. A beta version of the JioFinance App was launched on May 30, 2024. Over six million users have experienced Jio Financial Services Ltd's (JFSL) new-age digital platform, and the valuable customer feedback received was instrumental in improving the app's overall user experience. "A wide array of financial products and services have been added since the Beta launch, including loans on mutual funds, home loans (including Balance Transfer), and loans against property. These loans are available at competitive terms and will offer substantial savings for our customers," JFSL said in a statement. The new app is now available on the Google Play Store, Apple App Store and MyJio, with a wide range of attractive offerings, it said. On the savings front, the digital savings account from

The move is part of Jio Financial Services' plan to broaden its presence in the financial services industry, including asset and wealth management

Shares of Jio Financial Services (JFSL) surged up to 3.1 per cent at Rs 349.50 per share on the BSE in Monday's intraday deals

The companies signed a second joint venture in April to set up a wealth management and broking business in the country

Jio Financial Services on Sunday said it has formed a joint venture with BlackRock Advisors Singapore Pte Ltd to undertake investment advisory business. Jio BlackRock Investment Advisers Private Limited was incorporated on September 6 to carry on the primary business of investment advisory services, subject to regulatory approvals, Jio Financial Services said in a filing. The company will invest Rs 3 crore towards an initial subscription of 30,00,000 equity shares of face value Rs 10 each, it said. The Certificate of Incorporation was received from the Ministry of Corporate Affairs on September 7, 2024, it added. Jio Financial Services Ltd, the demerged financial services arm of billionaire Mukesh Ambani's Reliance, had earlier announced a joint venture for asset management and wealth management with BlackRock. Last month, Jio Finance Ltd, an NBFC arm of Jio Financial Services, said it is in the advanced stages of launching home loans, which have been rolled out in beta mode. Bes

After the bonus shares announcement, Reliance Industries share price surged up to 2.63 at Rs 3,074.80 a piece intraday on Thursday

At 6:52 AM, GIFT Nifty Futures fell 10 points, trading at 25,008, indicating a flat to negative start for Indian markets.

The company subscribed to 6.8 crore equity shares of Jio Payments Bank for its business purposes