Jio Financial Services

Jio Financial Services Limited
FormerlyReliance Strategic Investments Private Limited (1999–2002)
Reliance Strategic Investments Limited (2002–2023)
Company typePublic
ISININE758E01017
Founded22 July 1999; 25 years ago (1999-07-22)
FounderMukesh Ambani
HeadquartersMumbai, Maharashtra
Area served
India
Key people
OwnersAmbani family (47.12%)[1]
SubsidiariesJio Finance
Jio Insurance Broking
Jio Payment Solutions
Jio Leasing Services[2]
Jio Payments Bank (82.17%)
Websitewww.jfs.in

Jio Financial Services Ltd (JFSL) is an Indian financial services company, based in Mumbai. Originally a subsidiary of Reliance Industries (RIL), it was demerged as an independent entity and listed on the Indian stock exchanges in August 2023.[3] The company provides financial services, including payment services and insurance broking.[4][5] Its subsidiary Jio Finance holds an NBFC license from the RBI. Another subsidiary, Jio Payments Bank, is also a payments bank registered in India.

  1. ^ "Jio Financial Services shares: JFS arm gets CARE's stable rating on bank facilities". Business Today. 1 July 2024. Retrieved 27 September 2024.
  2. ^ Kayastha, Anshika (15 July 2024). "After loans against MFs, Jio Financial eyes LAP, loans against securities". Mint. Retrieved 27 September 2024.
  3. ^ Gohel, Ankit (August 18, 2023). "Jio Financial Services to be listed on stock exchanges on August 21". mint.
  4. ^ "Banking & Financials: Jio Financial Services: Decoding the unknown". indiainfoline.com.
  5. ^ "Jio Financial Services to provide simple, affordable solutions: Mukesh Ambani". Business Today. August 6, 2023.