JFSL has made an investment of Rs 1,000.24 crore in its fully-owned subsidiary, Jio Finance (JFL), by subscribing to 1.73 ...

announced its acquisition of 7.9 crore shares of Jio Payments Bank from State Bank of India (SBI) for Rs 104.5 crore. This move will result in the payments bank becoming a wholly owned subsidiary ...

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.

Bharat Forge (BFL) has secured a contract with the Ministry of Defence (MoD) to deliver 184 units of the 155mm/52-calibre ...

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 ...

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.

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according ...

The transaction, being between Jio Financial and its subsidiary, qualifies as a related-party transaction but has been ...

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 ...

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 ...