ANPR tolling NH-48 launch by Jio Payments Bank introduces MLFF system to reduce congestion and enable digital toll collection. Key updates for government exam preparation. Jio Payments Bank to Launch ANPR Tolling on NH-48 Introduction to the Initiative Jio Payments Bank Ltd (JPBL), a subsidiary of Jio Financial Services, has secured a contract to implement…
Jio Payments Bank Savings Pro offers up to 6.5% interest via automated mutual fund investments. Learn benefits, redemption rules, and exam-relevant insights for banking and finance exams. 📈 Jio Payments Bank Launches ‘Savings Pro’: Earn Up to 6.5% Interest Introduction to Savings Pro Jio Payments Bank, a subsidiary of Jio Financial Services Ltd, has introduced…
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…
Jio Payments Bank Secures Mutual Funds Distribution License from AMFI In a significant development for the financial sector, Jio Payments Bank has been granted a mutual funds distribution license by the Association of Mutual Funds in India (AMFI). This landmark decision positions Jio Payments Bank as a major player in the Indian financial ecosystem, enhancing…
