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| Name | Jio Financial Services: Jio Financial Services Could Become Fifth Largest Fin Service Entity, Study |
| Video Uploader | Video From India Today |
| Upload Date | This Video Uploaded At 25-11-2022 02:37:13 |
| Video Discription | Ever since Reliance Industries Ltd announced the listing of its financial services undertaking Jio Financial Services Limited on the stock markets last month, investor interest in the firm has increased manifold. "With secular growth drivers, the Indian financial services sector is poised to undergo a digital transformation. The sector presents a large, under-penetrated, and growing addressable market, especially for retail and small-business-focused product categories. JFSL and its subsidiaries will leverage the technology capability of Reliance and focus on digital delivery of financial products to democratise financial services access for 1.4 billion Indians," said RIL in a stock exchange filing in October. On Tuesday, Macquarie's report on Jio Financial Services had spooked Paytm stock, diving it to its record low, as the global financial services group sees Jio Financial Services becoming India’s fifth largest financial services firm. With investors anticipating a huge disruption for the Noida-headquartered Paytm, the company's shares fell 11 percent on BSE to close trading at Rs 475 apiece. #jio #mukeshambani #businessnews #businesstodaytv Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video. All you need to do is PRESS THE BELL ICON next to the Subscribe button! India Today TV is India's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more. Stay tuned for latest updates and in-depth analysis of news from India and around the world! Download App: https://indiatoday.link/wHaj Follow us: Official website: https://www.indiatoday.in/ Twitter: https://twitter.com/IndiaToday Facebook: https://www.facebook.com/IndiaToday |
| Category | News & Politics |
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