Jio

Jio Financial acquires SBI

Jio Financial acquires SBI's stake in payments bank JV

05 Mar 2025, 22:32 PM

Jio Financial Services acquires SBI's 17.8% stake in Jio Payments Bank for Rs 104.54 crore.

Jio, BlackRock JV sets up stock broking unit; invests Rs 117 crore in mutual fund unit

Jio, BlackRock JV sets up stock broking unit; invests Rs 117 crore in mutual fund unit

24 Jan 2025, 15:17 PM

The JV’s wholly owned subsidiary will be called 'Jio BlackRock Broking' -- which will undertake the business of broking.

Jio Financial Services in talks with Allianz SE to set up insurance biz: report

Jio Financial Services in talks with Allianz SE to set up insurance biz: report

24 Oct 2024, 17:58 PM

The news comes shortly after Bajaj Finserv revealed that Allianz is considering an exit from its existing life and general insurance joint ventures with the Bajaj Group.

Fintech highlights of the day

Fintech highlights of the day

21 Oct 2024, 16:28 PM

Jio-BlackRock gets Sebi's in-principle nod to set up mutual fund biz; Sachin Bansal-led Navi Finserv's revenue from operations fell to Rs 1,906 crore in FY24 from Rs 2,041 crore in FY23; Paytm promotes Deependra Singh Rathore to CTO.

Fintech Hightlights

  1. Pine Labs converts into public entity; appoints three independent directors

  2. MobiKwik FY25 revenue jumps but swings into losses

  3. Razorpay partners with MeitY Startup Hub to empower deep-tech startups

  4. Groww agrees to acquire Fisdom in $150 million all-cash deal

  5. Vivriti Asset Management secures $20 million commitment from OeEB
  6. Read more highlights...

Editor's Pick

  1. NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?