The company has launched a pilot project in consumer durables at select Reliance Digital outlets before a full-fledged launch of Jio Financial Services later this year.
RIL’s board had approved the demerger in November 2022. At present, RSIL is a wholly-owned subsidiary of RIL and is an RBI-registered non-deposit-taking systemically important non-banking financial company.
The meeting has been called for discussion on the demerger of the financial services business. After the demerger, the shares of Jio Financial Services will be listed on NSE and BSE, , reliance industries, demerger, financial services, latest updates