Jio Financial Shows Strong Lending Growth

  Published 8 months ago

Jio Financial’s Q1 sees lending surge via Jio Credit, rising AUM, and banking, broking, and asset management expansions.

  • Jio Credit’s AUM soared to ₹11,665 crore; net interest income jumped 240% YoY, and PAT rose 24% in Q1 FY26.
  • Jio BlackRock JV manages ₹17,876 crore AUM, leveraging BlackRock’s Aladdin platform; new index funds approved.
  • Jio Payments Bank became wholly owned, expanded toll collection role; JFSL focuses on digital financial services expansion.

You might like these

Mphasis & Sixfold AI Boost Insurance Efficiency

Birla Estates Secures $50M IFC Investment

India Fiscal May 2025: Deficit Narrows, Receipts Rise

Apollo Tyres Q1 Revenue Rises 3.56%

Zerodha Launches Multi Asset FoF

PNC Infratech Wins SECL Mining Contract

India’s Forex Reserves Drop $9.32B

News that matters the most ⚡