JioBlackRock Gains Mutual Fund License

  Published 10 months ago

Reliance Industries’ JioBlackRock Asset Management has received approval from SEBI to launch its mutual fund business in India. Sid Swaminathan has been appointed as the Managing Director and CEO of the new venture, signaling a major push into the asset management sector.

  • SEBI approves JioBlackRock mutual fund business.
  • Sid Swaminathan is the new MD & CEO.
  • Reliance expands financial services portfolio.

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