Jio Finance was incorporated on Jul 23. The company is registered with RBI. It’s a holding company and operate its financial services business through its subsidiaries.
Its subsidiaries include Lending & Leasing business, Payment Bank, Insurance, AMC, Wealth Management and Broking.
Check out the previous analysis on Jio Finance👇🏻
Business Model & Q4FY24 Result Update –
RBL Bank is a commercial bank. The management has changed in recent years and the bank performed also well in the last few years.
The bank has announced its Q2FY25 result and following are the key highlights of the result:
1. Loan book grew 15% YOY
2. Deposit book grew 20% YOY
3. NIM fell to 5% from 5.6%
4. Operating profit grew 24% YOY
5. GNPA increased to 2.88%
6. Net profit declined by 24% YOY
Check out the previous analysis on RBL Bank👇🏻
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@hunny2001
Sir can jio financial affect other nbfcs like poonawalla, Bajaj finance, etc.