Mukesh Ambani's New Loan Distribution Plan May Pose Serious Competition To NBFCs Banks; Details Here
Jio Financial Limited To Launch Home Loans: Mukesh Ambani's Jio Finance Ltd, the NBFC subsidiary of Jio Financial Services, announced that it is in the final stages of launching home loans, which are currently available in Beta mode. This update was shared during the company's first annual general meeting since its stock market debut in August 2023.
Adding further, the company plans to introduce other financial products, including loans against property and securities. Meanwhile, Jio Insurance Broking Limited (JIBL) has partnered with 31 leading private and public sector insurance companies to offer insurance products through the JioFinance app.
Sep 02, 2024, 14:43 PM IST
Private schools across Punjab to remain shut on April 11 to mark protest against MD’s arrest in rape case
Private educational institutes in Punjab will remain closed on April 11 to mark protest against the arrest of the managing director (MD) of a private school in Gurdaspur after a four-year-old girl student was allegedly raped on the premises last month.
Apr 10, 2022, 23:44 PM IST
Bank credit growth slows to 5.6 pc in March: RBI
Public sector and private sector banks recorded 3.6 per cent and 9.1 per cent credit growth respectively while lending by foreign banks declined during 2020-21.
May 29, 2021, 13:22 PM IST
Set to grow faster, but won't sacrifice profitability: Chanda Kochhar
When asked by when the bank itself would have a headcount of more than one lakh, Kochhar said that would depend on the growth rate of the economy and the overall banking sector.
Jul 20, 2014, 13:04 PM IST
