#jio-financial
Jio Financial says BoFA's ₹18,268 cr to come by Dec; Jio Credit's product plans, strategy to be redrawn
The ₹18,268 crore infusion for a stake of a little less than 50% will come in by December once all regulatory approvals from the RBI and the Competition Commission of India are in place
Jio Financial says BoFA's Rs 18k cr to come by Dec; Jio Credit's product plans, strategy to be redrawn
Jio Credit could grow its loan book fivefold to around ₹1.5 lakh crore after Bank of America infuses ₹18,268 crore for a near-50% stake. The capital is expected by December, after which the lender plans to reassess its products and strategy to accelerate grow…
Dividend alert! Last day to buy Jio Financial, Indus Towers among 9 stocks for dividend payouts. Do you own any?
Jio Financial Services fixed August 10 as the record date for its final dividend of Rs 0.60 per share for the financial year which ended on March 31, 2026. This comes after the company paid a dividend of Rs 0.5 per share to its shareholders last year.
Jio Financial and Allianz Group formally launch 50:50 insurance JV
Jio Allianz General Insurance has been incorporated. Jio Financial Services and Germany's Allianz each hold a 50 percent stake. The new company will offer general insurance, including health insurance in India. This follows Allianz's earlier exit from a joint…