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News & updates • 4m

Jio Financial to acquire SBI stake in Jio Payments Bank for Rs 104.5 crore.

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Jio Financial Services (JFS) is making big moves. Yes! Jio DHAN DHANA DHAN! They're set to buy telecom equipment and infrastructure from Reliance Retail for about Rs 36,000 crore to boost their lending business. They're also aiming to increase f

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Uttkarsh Singh

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🚨Mukesh Ambani just went ALL IN on digital banking! Ambani bought SBI’s share in Jio Payments Bank—now it’s all his!

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Do you know that according to industry estimates, processing UPI transactions costs stakeholders approximately 0.25% of the transaction value. In FY24 alone, these costs amounted to nearly Rs 12,000 crore, with Rs 4,000 crore incurred for transactio

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