Jio Financial Services Injects ₹1,000 Crore into Subsidiary Jio Finance
2025-03-27
CNBCTV18
In a significant move, Jio Financial Services has invested ₹1,000 crore in its subsidiary Jio Finance, marking a substantial related-party transaction. The deal was executed on an arm's length basis, ensuring fairness and transparency. This strategic investment is expected to boost Jio Finance's growth and expansion plans, further solidifying its position in the financial services sector. With this development, shares of Jio Financial Services Limited closed at ₹225, reflecting the company's strong financial standing and future prospects in the Indian finance market, including digital payments and financial technology
