JIOFIN

Jio Financial Services Limited, originally incorporated as Reliance Strategic Investments Private Limited in July 1999 under the Companies Act 1956, was re-incorporated as Jio Financial Services Limited in July 2023. It is registered with the Reserve Bank of India as a non-banking financial company (NBFC-ND-SI) and is designated as a systemically important Core Investment Company (CIC). The company serves as a holding company for a digital-first financial services platform operating primarily in India, providing integrated solutions including lending, insurance broking, payments, and asset management. Its consumer-facing subsidiaries include Jio Finance Limited, Jio Insurance Broking Limited, and Jio Payment Solutions Limited. Additionally, it has a joint venture, Jio Payments Bank Limited. Jio Financial Services delivers its services mainly through the unified JioFinance app. The company was demerged from Reliance Industries Limited in 2023.