Jio Financial Services shares in Q2 profit surge, business update
Jio Financial said it will increase financial services penetration by transforming and modernising them with a digital-first approach. In its presentation, It is offering personal loan for salaried and self-employed individuals "with end-to-end digital journey launched in MyJio app in Mumbai."
Total revenue from operations rose about 48% on a sequential basis to Rs 608 crore, helped partly by dividend income of Rs 217 crore.
A dividend income of ₹217 crore in the September quarter
A 33% increase in total expenses, primarily due to higher employee expenses
The appointment of former ICICI Bank executive AR Ganesh as Group CTO
A partnership with U.S. asset manager BlackRock to launch asset management services in India
Fund houses that increased their respective holdings, including Invesco, Mahindra Manulife, and Quant
Shares closing for trading on October 16 at Rs 224.85 a piece on BSE, 0.13 percent up
Jio Financial said it will increase
financial services penetration by
transforming and modernising them with a digital-first approach. In its presentation, It is offering personal loan for salaried and self-employed individuals "with end-to-end digital journey launched in MyJio app in Mumbai."
Total revenue from operations rose about 48% on a sequential basis to Rs 608 crore, helped partly by dividend income of Rs 217 crore.
A dividend income of ₹217 crore in the September quarter
A 33% increase in total expenses, primarily due to higher employee expenses
The appointment of former ICICI Bank executive AR Ganesh as Group CTO
A partnership with U.S. asset manager BlackRock to launch asset management services in India
Fund houses that increased their respective holdings, including Invesco, Mahindra Manulife, and Quant
Shares closing for trading on October 16 at Rs 224.85 a piece on BSE, 0.13 percent up