Fusion Finance reported its fourth consecutive quarterly loss, with ₹165 crore net loss in Q4 FY25 due to high bad loan provisions. Gross NPAs rose sharply, while AUM and interest income declined. Borrowing covenant breaches added pressure.
Jio Financial shares surge nearly 5% after Sebi greenlights Jio BlackRock broking business
Jio Financial Services shares surged 4.36% to Rs 326.65, fueled by SEBI’s approval for Jio BlackRock Broking Private Limited to operate as a stockbroker and