Jio Financial Acquires Jio Payments Bank Stake from SBI

  Published 11 months ago

Jio Financial Services acquired 79.08 million Jio Payments Bank shares from SBI for ₹1.05 billion.

  • Purchased 79.08 million equity shares of Jio Payments Bank from SBI for ₹1.05 billion.
  • Acquires significant stake in Jio Payments Bank through SBI share transfer.
  • Strengthening Jio Financial Services' presence in India's digital payments sector.

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