Jio Financial Services Ltd (JFSL), demerged from Reliance Industries, is a new, significant entrant in India's financial sector. Leveraging digital innovation,...
JFSL is a newly demerged entity from Reliance Industries, established to operate in the Indian financial services sector, aiming to offer a broad range of products.
JFSL plans to offer diverse financial products including lending, insurance, asset management, and digital payment solutions, leveraging technology.
The demerger of Jio Financial Services from Reliance Industries was completed in July 2023, followed by its stock listing on Indian exchanges.
JFSL aims to leverage Reliance's extensive customer base and digital ecosystem to provide tech-driven, affordable, and accessible financial products across India.