Jio Financial Services (JFS) has now pumped an investment of ₹1,999.8 Cr in its non-banking financial company (NBFC) arm Jio Credit
The NBFC arm will use the funds to support its business operations. Jio Credit was formerly known as Jio Finance
The news comes at a time when the lending industry is seeing a new push. Earlier this week, Airtel invested ₹20,000 Cr into its NBFC arm Airtel Money
In a bid to further bolster its presence in the rapidly evolving Indian…

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