Jio Financial Services Loans Against Shares is An Important Business Move Explained - Thumbnail

Jio Financial Services’ “Loans Against Shares” is An Important Business Move [Explained]

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…

Jio Financial Services - A Long-Term Bet for the Patient Investor - thumbnail

Jio Financial Services: A Long-Term Bet for the Patient Investor?

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….