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| Name | Jio Financial Services Q3 results | Jio Finance results | Jio Financial Services latest news |
| Video Uploader | Video From Upstox |
| Upload Date | This Video Uploaded At 16-01-2024 02:45:01 |
| Video Discription | 📊 Jio Financial Services, a subsidiary of Reliance Industries, has just released its Q3 results after being listed in August 2023. In this video, let's dive into the key highlights of their performance! 📈 Quarterly Performance: In the December quarter, Jio Financial Services showcased a 45% increase in Net Interest Income (NII), a critical earnings source for financial institutions. However, the net profit witnessed a 56% decline, settling at ₹294 crores. 🚀 New Ventures: Jio Financial Services is charting new territories! Collaborating with BlackRock Financial Management, they plan to launch a mutual fund business in India. Papers have been filed with SEBI, awaiting approval. Additionally, the company is gearing up to venture into leasing business and supply chain financing. Given market and regulatory changes, the focus is on secured lending, aligning with RBI's stricter norms on unsecured loans announced in November 2023. 👥 Management Changes: The senior management at Jio Financial Services sees two new appointments. Rupali Adhikari Sawant takes on the role of Group Head - Internal Audit, while Sudheer Reddy Govula assumes the position of Group Chief Compliance Officer. 📉 Stock Reaction: Investor interest in JFS shares peaked ahead of the results, resulting in a nearly 5% increase in share value on the day of the announcement. 👍 Don't miss out on the latest updates! Share this video with your network and subscribe to Upstox’s YouTube channel for more insightful content. 💜 watching our videos? We love making them for you! Leave a comment and tell us what you would like to see next👇 📹 Share & subscribe to our YouTube channel for daily updates 🔔 https://youtube.com/@UpstoxOfficial/Subscribe ------------------------------------------------------------------------------------------------------------------------------------ About Upstox: 💑Trusted and loved by 1 crore+ Indians, Upstox brings everything you need for trading and investing on a single platform. Whether you’re looking to invest in Stocks, ETFs, Mutual Funds, SGBs, T-Bills, Bonds, IPOs or you’re looking to start trading in Equities, Options, Futures, Currencies and Commodities, Upstox has it all! 🙌 Backed by Mr. Ratan Tata and Tiger Global - Upstox aims to help every Indian confidently UP their wealth. From our mobile app (which btw is India’s highest rated trading app on Playstore) you can learn, discover, analyse, invest and trade. 🤝 Wish to join our family? Download our app now👇 iOS users https://apps.apple.com/in/app/upstox-new-stocks-ipo-mf/id1584953620 Android users: https://play.google.com/store/apps/details?id=in.upstox.app&hl=en_IN&gl=US And click here to open an Upstox Demat & Trading account with just a PAN, Aadhaar, eKYC https://uptx.to/open-demat-account ------------------------------------------------------------------------------------------------------------------------------------ 📖 Want to UPskill? Register for our investing and trading workshops by industry experts for free: https://uptx.to/uplearn-yt-aug23 💬 Got questions on your mind? Connect with like-minded traders, ask questions and discuss any doubts - our subject matter experts will resolve them in no time. Join the Upstox Community for free: https://uptx.to/community-yt-aug23 💸 Want to know how much you’ll earn from your investments? Calculate returns, brokerage charges, margin and more https://upstox.com/calculator/ 💜 Show us some love on Social Media and get regular updates on the market: 1) Subscribe to our Telegram community here: https://uptx.to/Telegram-Oct-Community 2) Follow us on Instagram here: https://uptx.to/Instagram-Oct 3) Follow us on Twitter here: https://uptx.to/Twitter-Oct 4) Follow us on LinkedIn here: https://uptx.to/LinkedIn-Oct |
| Category | News & Politics |
| Tags | #Upstox | #Hindi | #India | #Investment | #Trading | #DematAccount | #JioFinancialServices | #quarterlyresults | #Q3 | #finance | #loans | #JioFinancialServiceslatestnews | #JioFinancialServicessharelatestnews | #JioFinanceresult | #Jiofinanceresulttoday | #upstoxapp | #tradingonupstox | #investmentonupstox |
