November 22, 2024
Jio Finance gets nod for 49% foreign infusion #IndiaFinance

Jio Finance gets nod for 49% foreign infusion #IndiaFinance

CashNews.co

MUMBAI: Jio Financial Services has received approval from the finance ministry to allow foreign investment in the company up to 49%. The company said that the approval is for existing foreign investment as well as for further increase in the future on a fully diluted basis.