Summary Points: Jio Financial Services’ stock jumped 5.61% today. Jio Finance launched digital loans against shares. Loans up to Rs.1 crore disbursed in 10 minutes. It’s faster than competitors like Bajaj Finserv. Reliance’s tech edge drives this bold move. Market sees growth potential in this service. Aims at investors needing cash without selling shares. Introduction…
Summary Points: Jio Financial is backed by Reliance Industries. It is diving into finance with a massive 400M+ customer base from Jio telecom and Reliance Retail. The BlackRock JV, with SEBI’s nod for mutual funds, adds global muscle to Jio Finance’s ambitions. They’re targeting loans, insurance, wealth management, and mutual funds with a digital-first approach….
Recently, you’ve probably noticed that Jio Financial Services (JIOFIN) has been on a wild ride—and not the fun kind. Since September 2024, this stock has tanked by about 40%, sliding from its peak of Rs.394 all the way down to the Rs.230-260 range as of March 2025. For anyone who jumped in during the hype,…
