Jio Payments Bank (JPBL), a wholly-owned subsidiary of Jio Financial Services has introduced UPI-based cash withdrawal through its Business Correspondent (BC) touchpoints, marking an important step towards strengthening India`s digital payments ecosystem and advancing financial inclusion in the country. The feature enables customers, particularly in rural and semi-urban areas, to conveniently withdraw cash by simply scanning a UPI QR code and authorizing the transaction through their UPI application, eliminating the need for debit cards or access to traditional ATM infrastructure. By enabling cardless cash withdrawals at BC touchpoints, the initiative bridges the gap between digital payments and physical cash access, while providing first-time digital users with an assisted and secure way to experience UPI transactions. Through this initiative, JPBL continues to leverage the digital payments infrastructure and its last-mile BC network to expand accessible banking services, strengthen UPI`s reach among cash-dependent segments, and enhance financial inclusion across rural and semi-urban India.Powered by Capital Market - Live News

Jio Financial Services has incorporated a wholly owned subsidiary named Jio Alternative Investment Manager (JAIML), having its registered office at Mumbai, on 23 January 2026, to act as an investment manager to the Alternative Investment Fund to be set up by the Company subject to regulatory approvals, in terms of SEBI (Alternative Investment Funds) Regulations 2012. The company will invest an amount of Rs. 1 crore towards initial subscription of 10,00,000 equity shares of face value of Rs. 10 each of JAIML.Powered by Capital Market - Live News

Net profit of Jio Financial Services declined 8.75% to Rs 268.98 crore in the quarter ended December 2025 as against Rs 294.78 crore during the previous quarter ended December 2024. Sales rose 105.52% to Rs 900.90 crore in the quarter ended December 2025 as against Rs 438.35 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales900.90438.35 106 OPM %61.6071.49 - PBDT378.64382.98 -1 PBT371.09377.22 -2 NP268.98294.78 -9 Powered by Capital Market - Live News

Jio Financial Services will hold a meeting of the Board of Directors of the Company on 15 January 2026.Powered by Capital Market - Live News

Jio Financial Services has allotted 5,00,00,000, 8.1% Optionally Convertible Preference shares of Rs. 10/- each of Jio Leasing Services (JLSL), wholly owned subsidiary, for cash at par, aggregating Rs. 50 crore. JLSL will utilise the amount to fund its business operations. The aggregate investment by the Company in JLSL till date is Rs.120.05 crore.Powered by Capital Market - Live News