Mukesh Ambani-led Reliance Jio Infocomm is leaving no stone unturned to enhance the
experience of its users and make lives easier for them therough the use of its
services. Known for its disruptive data services and free data plans, Reliance
Jio has now forayed into the banking business
with a payments bank service, Reserve Bank of India has confirmed.
Jio Payments Bank is a joint venture between Reliance Industries and the country's biggest lender, State Bank of India. While Jio has a 70 per cent in the JV, SBI has the remaining 30 per cent.
Jio Payments Bank is a joint venture between Reliance Industries and the country's biggest lender, State Bank of India. While Jio has a 70 per cent in the JV, SBI has the remaining 30 per cent.
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