Jio Payments Bank fully took part of Jio Financial Services, bought from SBI; How much was the deal – Jio Payments Bank Now a Wholly Owned Subsidiary of Jio Financial Services Accquired 7 90 Equity Shares of from Sbi

Jio Financial Services Limited (Jio Financial Services) has bought 7,90,80,000 equity shares at Jio Payments Bank Limited (JPBL). The purchase was made from State Bank of India for Rs 104.54 crore. Jio Financial Services has told the stock markets that the deal was approved by the Reserve Bank of India on June 4, 2025. After…