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Jio Financial Services acquired SBI’s 17.8 per cent stake in Jio Payments Bank for Rs 104.54 crore, making it a wholly-owned ...
State Bank of India divested its entire stake in Jio Payments Bank Ltd. to Jio Financial Services Ltd. for Rs 104.5 crore on ...
Following the transaction, Jio Payments Bank has become a wholly-owned subsidiary of Jio Financial Services. Shares of Jio ...
The acquisition received regulatory clearance from the Reserve Bank of India on June 4, 2025, the company said in a ...
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