Reliance's Jio Financial Injects Rs 1,000 Crore into Jio Finance Arm
2025-03-27
Moneycontrol
In a significant move, Jio Financial Services Ltd, a subsidiary of Reliance Industries Ltd, has invested a substantial Rs 1,000 crore in its subsidiary Jio Finance Limited through equity. This major investment is set to bolster Jio Finance's business operations, as disclosed by JFSL in a recent stock exchange filing. The funding is expected to drive growth and expansion in the financial services sector, with Jio Finance poised to leverage this investment to enhance its financial solutions and services, including digital payments and lending, to cater to the growing demands of the Indian market, thereby boosting the overall fintech industry.
