Page 4 - Jio Financial Services

Stocks to Watch today, June 19: Jio Financial, Inventurus, Hero MotoCorp

Stocks to Watch today, June 19: Jio Financial, Inventurus Knowledge, Hero MotoCorp, Zydus Lifesciences, Vodafone Idea are among stocks that may buzz in trade

Jio Financial acquires SBI's full stake in JPBL for ₹104.54 crore

Prior to this stake acquisition, Jio Financial already held an 82.17 per cent stake in JPBL, with SBI owning the remaining 79.08 million shares (17.83 per cent)

Jio Financial buys 17.8% stake of SBI in Jio Payments Bank for Rs 105 cr

Jio Financial Services Ltd (JFSL) on Wednesday said it has acquired the entire 17.8 per cent stake of State Bank of India in Jio Payments Bank Ltd for a consideration of Rs 104.54 crore. With the stake buy, Jio Payments Bank becomes a wholly-owned subsidiary of JFSL. The company acquired 7,90,80,000 equity shares of Jio Payments Bank from SBI for an aggregate consideration of Rs 104.54 crore pursuant to the approval received from Reserve Bank of India on June 4, JFSL said in a regulatory filing. Consequent to this acquisition, Jio Payments Bank has become a wholly-owned subsidiary of the company, it said. Prior to stake buy, Jio Financial held an 82.17 per cent stake in Jio Payments Bank.

Jio BlackRock Mutual Fund launches investment management platform 'Aladdin'

Jio BlackRock Mutual Fund, which last month got asset management licence from market regulator SEBI, on Monday introduced Aladdin, BlackRock's unique investment analytics and risk management platform. Jio BlackRock Asset Management Pvt Ltd is a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock. "Investing should be simple. And it should work for you. That's the belief that brought Jio Financial Services and BlackRock together. We've blended Jio's digital first approach with BlackRock's global investment expertise? to build solutions around what Indian investors truly need," the mutual fund company said in a post on X. And for the first time ever Aladdin, BlackRock's unique investment analytics and risk management platform, is now available in India, it said. "This is just the beginning. We are here to redefine investing by making it accessible and affordable for you. We are Jio BlackRock Mutual Fund," it said. The Securities and Exchange Board of

Jio BlackRock joint venture JBIAPL gets Sebi nod to be investment advisor

The Jio Financial-BlackRock joint venture marks another milestone with Sebi clearance for investment advisory services, following its mutual fund approval

Jio Credit raises ₹1,030 crore through 3-year bonds at 7.08% cut-off

Jio Credit raises ₹1,030 crore via 3-year bonds at 7.08% cut-off yield, trims issue from ₹1,500 crore amid higher-than-expected rates; follows recent bond, CP issuances

Sensex sheds 625pts on profit-taking in blue chips; PSBs, realty buck trend

Among the sectoral market, shares of auto, FMCG, and IT companies were under pressure, while public sector banks, pharma, and realty bucked the trend and logged gains

Jio BlackRock gets Sebi nod to launch mutual fund operations in India

Jio Financial Services Ltd (JFSL) on Tuesday said its subsidiary has received capital market regulator Sebi's approval for mutual fund operation. The Securities and Exchange Board of India (Sebi), vide letter dated May 26, 2025, has granted certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Limited to act as the Asset Management Company for Jio BlackRock Mutual Fund, JFSL said in a regulatory filing. The company, on October 29, 2024, intimating incorporation of two companies, 'Jio BlackRock Asset Management Private Limited' and 'Jio BlackRock Trustee Private Limited', to carry on the primary business of mutual fund, subject to regulatory approvals, it said. In January, JFSL had said that the company and its joint venture partner, US-based BlackRock, have infused Rs 117 crore in the mutual fund company. JFSL and BlackRock each have further subscribed to and have been allotted 5.85 crore equity shares of Rs 10 each of Jio

Jio Financial stock jumps 4% as Jio BlackRock gets SEBI nod for MF biz

Jio Financial stock was up 3.27 per cent at ₹290.95 compared to the previous day's close of ₹281.75 on the NSE

JioBlackRock receives Sebi nod, appoints Sid Swaminathan as MD and CEO

JioBlackRock Asset Management aims to bring digital-first, data-driven investing to India, blending Jio's innovation with BlackRock's global expertise

Jio Credit raises Rs 1,000 crore in maiden bond issue at 7.19% yield

Backed by strong demand from mutual funds, Jio Credit's debut bond issue sees three times subscription and achieves a tight yield despite market volatility

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