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Google trend - Jio Financial Reliance Retail

Jio Financial plans $4.33 bln deal with Reliance Retail

Jio Financial Services (JFS) is seeking shareholder approval for its unit to acquire equipment worth 360 billion rupees ($4.33 billion) from the retail arm ...

Read more at Reuters


Jio Financial Services arm plans Rs 36K crore deal with Reliance ...

Reliance Retail is a step-down subsidiary of Reliance Industries Ltd. RIL holds 83.56 per cent in Reliance Retail Ventures Ltd.

Read more at Business Standard


Jio Financial Reliance Retail - 10 things to know with detail
  • Jio Financial is a subsidiary of Reliance Retail, which is a part of the conglomerate Reliance Industries Limited, headed by billionaire businessman Mukesh Ambani.
  • Jio Financial offers a range of financial services, including digital payments, lending, insurance, and wealth management solutions to customers across India.
  • The company leverages the extensive network of Reliance Retail stores and Jio digital platforms to reach a wide customer base and provide seamless financial services.
  • Jio Financial's digital payment platform, JioMoney, allows users to make secure and convenient transactions, including mobile recharges, bill payments, online shopping, and peer-to-peer transfers.
  • The company also offers a range of lending products, including personal loans, business loans, and consumer finance options, to meet the varied financial needs of customers.
  • Jio Financial partners with leading insurance providers to offer a range of insurance products, including health insurance, life insurance, and vehicle insurance, to provide financial protection to customers.
  • The company's wealth management solutions help customers grow and manage their wealth through investment products, mutual funds, and financial planning services.
  • Jio Financial aims to democratize access to financial services and promote financial inclusion by leveraging technology and innovation to reach underserved and unbanked populations.
  • The company's customer-centric approach, user-friendly digital platforms, and competitive offerings have helped it gain a strong foothold in the Indian financial services market.
  • Jio Financial's integration with Reliance Retail's vast network of physical stores, digital platforms, and customer base positions it well for further growth and expansion in the evolving financial services landscape in India.
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