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Aug 2, 2018 · Jio on Thursday announced an expansion of its digital partnership with SBI. To recall, Jio and SBI are joint partners in the Jio Payments Bank, which commenced operations earlier this year; while the former has 70 percent stake in the JV, the latter has the remaining 30 percent. The expanded partnership will see the MyJio app offer SBI’s YONO ...
Feb 15, 2024 · Reliance Jio Payments Bank Reserve Bank of India imposed a monetary penalty of Rs 1 crore in October 2020 on Reliance Jio Payments Bank Ltd for non-compliance with RBI directions on timely submission of application in the case of re-appointment of Managing Director and Chief Executive Officer (MD & CEO) under Section 35B of the Banking Regulation Act, 1949 (the Act), the central bank had said in statement.
Dec 19, 2021 · A report of Jio Payments Bank’s board accompanying its FY21 financial results pointed out that the bank has “continuously and quietly built multiple banking products that are hygiene in terms ...
Sep 5, 2018 · At present, other payments banks like Paytm Payments Bank, Fino Payments Bank and Aditya Birla Payments Bank are also operational. IPPB had started operations at two pilot branches in January 2017.
Details. Limit. Send P2P. Send P2M. Receive. Amount Limit. Minimum Transaction Amount. Rs. 1. Rs. 1. Rs. 1. Amount Limit. Maximum Transaction Amount. Rs. 5000. Rs. 1 Lakh
The company provides financial services, including payment services and insurance broking. [2] [3] Its subsidiary Jio Finance holds an NBFC license from the RBI. Another subsidiary, Jio Payments Bank, is also a payments bank registered in India.
