"jio-financial-services-ltd-jfsl"

The move enhances the joint venture's goal of offering affordable, tech-driven investment solutions across mutual funds, advisory, and broking

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 subsidiary. The deal received RBI approval on June 4, consolidating JFSL’s ownership from 82.17 per cent to 100 per cent