Jio Financial buys out SBI’s stake in payments bank JV

March 5, 2025

Jio Financial Services will acquire full ownership of Jio Payments Bank after SBI’s divestment of its 17.8% stake. With the deal valued at ₹104.54 crore, the transaction awaits the Reserve Bank of India’s approval and is expected to conclude within 45 days.

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Jio Financial Services to invest Rs 1,000 crore in Jio Finance

Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through

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UCO Bank fixes QIP price at Rs 34.37 per share

Uco Bank QIP: Uco Bank has set the price of its Rs 2,000 crore QIP at Rs 34.27 per share, a 4.99% discount to the

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