Share listings, placements and block trades across Asia Pacific raised $262.7 billion in 2025, the most in four years, according to data compiled by Bloomberg
JioBlackRock has so far launched three cash management funds and five index funds, described as portfolio building blocks. The Flexi Cap Fund is its first active equity offering, with more active and passive strategies, including ETFs, planned in the coming months.
Jio Financial Services will invest Rs 2.5 lakh towards initial subscription of 25,000 equity shares for 50% stake in the joint venture company.
Source said that the company decided to issue the after the rate cuts by the Reserve Bank of India (RBI) to avail the lower rates from the market.
Jio Gold 24K Days are days around special occasions, during which users of the JioFinance and MyJio apps can benefit from special offers while purchasing digital gold, said the company
JFSL has been allotted 1,73,77,412 equity shares of Rs 10 each of Jio Finance Limited
The move comes as the German insurer agreed earlier this week to sell its stake in joint ventures with Bajaj Finserv Ltd
The changes will come into effect from March 28.
The Munich-based firm has indicated to its current partner Bajaj Finserv Ltd. that it’s “actively considering an exit” from the ventures
India has been a bright spot for private credit in Asia, with global firms like Apollo Global Management, Cerberus Capital Management LP and Varde Partners stepping up their operations, lured by the increased funding needs of local firms.
The financial products and services include Loan on Mutual Funds, Home Loans (including Balance Transfer), and Loan Against Property
The final approval for registration will be granted by SEBI subject to fulfillment by the Company and BlackRock of the requirements set out in the said letter, Jio Financial said
In June 2023, the two companies had formed a 50:50 joint venture to launch asset management services in India and had pledged an initial investment of $150 million each