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Fintech company Jio Financial Services (JFS) has completed the acquisition for INR 104.5 Cr
JFS said it bought 7.91 Cr shares of JPBL from State Bank of India (SBI), making the payments bank its wholly owned subsidiary
The bank’s product portfolio includes CASA variants, including sweep and salary accounts, physical and virtual debit cards, wallets, domestic money transfer and Aadhaar-enabled payment systems
About two months after announcing its plans to acquire Jio…
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Fintech company Jio Financial Services (JFS) has completed the acquisition for INR 104.5 Cr
JFS said it bought 7.91 Cr shares of JPBL from State Bank of India (SBI), making the payments bank its wholly owned subsidiary
The bank’s product portfolio includes CASA variants, including sweep and salary accounts, physical and virtual debit cards, wallets, domestic money transfer and Aadhaar-enabled payment systems
About two months after announcing its plans to acquire Jio…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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