Jio Payments Bank acquisition finalized as Jio Financial becomes the sole owner by purchasing SBI’s 17.8% stake, marking a major move in India’s digital banking sector. Jio Financial Becomes Sole Owner of Jio Payments Bank Acquisition Details and Strategic Implications On June 18, 2025, Jio Financial Services Ltd. (JFSL) acquired the remaining 17.8% stake in…
SBI Cards MAD update from July 2025 revises the Minimum Amount Due formula. Understand how this impacts your credit card repayment and exam preparation. Introduction: SBI Cards Raises MAD from July 15, 2025 SBI Cards, a major player in India’s credit card domain, will introduce a revised Minimum Amount Due (MAD) formula starting July 15,…
French banks in GIFT City mark a major step in India’s journey to become a global financial hub. Learn about IFSC banking units and their role in India’s international finance landscape. Modernizing India’s Finance HubIndia’s GIFT City in Gujarat is rapidly ascending as a global financial destination. Leading French banks—Natixis and Crédit Agricole—have secured approvals…
