Jio, Payments Bank and Financial Services

Jio Financial to acquire remaining stake in Jio Payments Bank
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 an aggregate consideration of Rs1.
Reliance's Jio Financial to buy Jio Payments Bank shares from SBI for 1.05 billion rupees
India's Jio Financial Services will buy shares it did not already own in its joint venture for 1.05 billion rupees ($12.03 million) from partner State Bank of India to bolster financial operations, the Reliance group company said on Tuesday.
Another masterstroke by Mukesh Ambani, Jio Financial Services to acquire Jio Payments Bank shares from SBI for Rs...
With a strong focus on digital financial solutions, the company is well-positioned for growth in India’s financial sector
Jio Financial to Acquire SBI’s 17.83% Stake in Jio Payments Bank for ₹104.5 Crore
The acquisition will raise Jio Fin’s shareholding in Jio Payments Bank from 82.17% to 100%, converting it into a wholly-owned subsidiary.
Jio Financial Services Share Price Live Updates: Jio Financial Services Sees Positive Movement
Welcome to the Jio Financial Services Stock Liveblog, your ultimate source for real-time updates and analysis of one of the most prominent stocks in the market. Stay on top of the game with our comprehensive coverage,
Jio Financial shares rise 4%, extend gains to 2nd day on plans to buy Jio Payments Bank stake from SBI for ₹105 cr
Jio Financial Services, owned by Mukesh Ambani, saw a 4% increase in shares on March 5, following the announcement of plans to acquire the remaining shares of Jio Payments Bank from SBI.
Jio Financial shares gain 5% on acquiring SBI’s stake in Jio Payments Bank
Jio Financial Services stock surged nearly 5% on Wednesday. The board of this Mukesh Ambani-backed company had approved the acquisition of 7.9 crore shares of Jio Payments Bank Ltd from State Bank of India.
Jio Financial Takes Full Control of Jio Payments Bank
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 finalized within 45 days post-approval.
Jio Financial Services To Acquire SBI’s 17.8% Stake in Jio Payments Bank, Becomes Sole Owner
JFS now owns an 82.17% interest in Jio Payments Bank, a joint venture which was initiated between SBI and JFS in 2018.
Jio Financial share price gains over 10% in three sessions; Should you buy?
Jio Financial share price has fallen over 11% in one month and declined 27% on a year-to-date (YTD) basis. The stock of Reliance Industries’ NBFC subsidiary has dropped 34% in six months and 32% in the past one year.
Jio Financial Services Share Price Today: Stock Surges 5% - Here’s Why
Reliance Industries-backed Jio Financial Services (JFS) saw its share price surge over 5% on Wednesday after the company announced a major acquisition.The non-banking financial company (NBFC), which had been witnessing a continuous decline,
Jio Financial shares rally 11% in 3 days after hitting 52-week low
The non-banking financial company, owned by billionaire Mukesh Ambani, has recovered from its 52-week low of Rs 198.60 on ...
Jio Financial shares slip below Rs 200 mark to hit record low level; time to add?
The stock slumped 4.38 per cent to hit an all-time low of Rs 198.60. It was last seen trading 3.20 per cent lower at Rs ...