Jio Financial Services

Jio Credit looks to raise Rs 1K cr in maiden bond issue next week

Jio Finance to launch its first bond issue on May 14 with Rs 1,000 crore target and 7.19 per cent expected coupon amid improved liquidity and rate cut outlook

Discounts and deals for Akshaya Tritiya: Gold, homes, scooters, travel

Real estate, ecommerce, travel companies woo customers on auspicious festival

Here's why Jio Financial Services shares were buzzing in trade on April 21

The board of the Jio Financial Services has recommended a dividend of ₹0.50 per equity share of ₹10 each for the financial year ended March 31, 2025

Jio Financial Services Q4FY25 results: Net profit rises 2% to ₹316 crore

Board approves dividend of ₹0.5 per share

Jio Financial Services Q4 results: Net profit rises 1.8% to Rs 316 cr

Jio Financial Services Ltd on Thursday said its consolidated net profit rose 1.8 per cent to Rs 316.11 crore for the March quarter. The company had earned a consolidated net profit of Rs 310.63 crore in the same quarter of the previous 2023-24 fiscal year. Its profit in the third quarter of 2024-25 fiscal year was Rs 295 crore, Jio Financial Services said in a regulatory filing. Total income increased to Rs 518 crore, from Rs 418 crore in the fourth quarter of the previous fiscal year, a year-on-year growth of 24 per cent. Total expenses also witnessed a year-on-year increase at Rs 168 crore as compared to Rs 103 crore in the same quarter a year ago. For the full 2024-25, the company's net profit also improved marginally to Rs 1,612.59 crore, as against Rs 1,604.55 crore in 2023-24. The board of the company recommended a dividend of Rs 0.50 per equity share of Rs 10 each for the financial year ended March 31, 2025. Jio Financial Services, carved out from Reliance Industries Ltd,

Q4 results today: Infosys, HDFC Life among 12 to post results on Apr 17

Q4 FY25 results today, April 17: Infosys, Jio Financial, HDFC Life and Tata Elxsi among 12 firms to release earning report for the January-March quarter

Jio Finance launches loan against security offering for customers

Customers of Jio Finance can now avail themselves of loans of up to Rs 1 crore, with interest rates starting at 9.99 per cent, tailored to their risk profiles

Jio Financial rises 5% as NBFC arm starts 10-minute Loan Against Securities

Jio Financial Services share price hit a high of ₹223.95 per share, up 4.8 per cent on the BSE, as against a 1,500-point (2 per cent) surge in the benchmark BSE Sensex index

NSE rejig tomorrow: Zomato, Jio Fin's Nifty inclusion to add $910 million

Shares of Britannia and BPCL will face exclusion from the benchmark gauge as Zomato and Jio Finance will be included

Jio Finance looks to postpone debt offering to FY26 amid elevated yields

The company, a wholly-owned unit of Jio Financial Services , had issued its maiden commercial paper (CP) last week, and had plans to issue its first bond before the end of March

Allianz, Jio Financial strike deal for insurance business in India

Allianz is aiming for a majority stake in the venture but is also open to securing governance rights with a path to taking control in the future, the report said

Jio Finance likely to delay its maiden bond issue of Rs 3,000 crore

"There are few days left in the financial year (FY25). Liquidity conditions will ease and after the rate cut, yields will soften," a source said

Allianz SE eyes partnership with Jio Financial after ending $2.8 billion JV

German firm Allianz may join hands with Mukesh Ambani-led Jio Financial Services as it seeks fresh entry into India's life and general insurance sector

Jio Finance taps debt market with debut CP issue before bond sale

The non-banking finance company has issued three-month CPs at a yield of 7.80 per cent and accepted bids worth ₹1,000 crore ($114.95 million)

Jio Financial to acquire SBI stake in Jio Payments Bank for Rs 104.5 crore

The acquisition is subject to the approval of the RBI and is expected to be completed within 45 days post receipt of RBI approval

Jio Financial up 3%; to acquire 79 mn shares of Jio Payments Bank from SBI

Jio Financial currently holds 82.17 per cent of the paid-up equity share capital of Jio Payments Bank Limited, a joint venture of the company and State Bank of India (SBI)

Jio Financial share price hits record low on Monday, dips below Rs 200 mark

Jio Financial share price: Over the past one month, Jio Financial stock has crashed 10.99 per cent; in three months, the stock has tumbled 36.18 per cent; and in one year 32.64 per cent

Zomato, Jio Fin, Britannia, BPCL trade lower after NSE announces rejig

NSE indices rejig is part of a semi-annual review, the removal of Britannia and Bharat Petroleum Corporation from the flagship Nifty 50 index will lead to selling pressure of over Rs 2,000 crore

BlackRock Veteran Swaminathan to lead its venture with Jio Financial

London-based Swaminathan, a 20-year veteran at the world's largest asset manager, is joining Jio BlackRock Asset Management as the money manager

LIC suffers Rs 84,000 crore dent in portfolio amid stock market crash

A large portion of the dip is attributed to the over 10 per cent correction in ITC (Rs 11,863 crore), Larsen & Toubro (Rs 6,713 crore) and State Bank of India (Rs 5,647 crore) shares, thus far in CY25