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Jio Financial Services Ltd Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Jio Financial Services Ltd?

Jio Financial Services Ltd (JFSL), started on July 22, 1999, in Mumbai, Maharashtra, a Reliance Industries financial branch. On January 14, 2002, it changed from a Private Limited Company to a Public Limited Company and was renamed Reliance Strategic Investments Limited. They want to use Reliance's digital reach to improve financial inclusion and offer new solutions. Here are the leading products and services they provide:

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1- Digital Lending Services

JFSL provides accessible and user-friendly lending solutions, including:

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2- Insurance Products:

3- Asset Management

JFSL will start offering investment products in asset management, including:

4- Payment Solutions

Jio Financial Services wants to enter India's growing digital payments market by providing:

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5- Financial Inclusion and Advisory Services

Question 2: Who are the promoters of Jio Financial Services ?

The promoters of Jio Financial Services Ltd are Mukesh D. Ambani, Reliance Industries Limited and Reliance Industries Limited. K V Kamath the non-executive chairman of Jio Financial Services.

K. V. Kamath is an Indian banker. He started his career in 1971 at ICICI. In 1988, he moved to the Asian Development Bank and spent several years in South East Asia. Then he again returned to the ICICI as its Managing Director and CEO in 1996 and post its merger into ICICI Bank, was Managing Director and CEO of the Bank. He is a mechanical engineer and completed his Post-Graduation in Business Administration from the IIM, Ahmedabad. He was awarded the Padma Bhushan, one of India’s highest civilian honours, in 2008.

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