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On August 19, 2015 Reliance Industries received a license to run a payments bank from the Reserve Bank of India under Section 22 (1) of the Banking Regulation Act, 1949. It then partnered with the State Bank of India and incorporated Jio Payments Bank Limited in November 2016. Jio Payments Bank Limited is a 77:23 partnership between Reliance ...
It is a subsidiary of Reliance Retail, a wholly owned subsidiary of Reliance Industries. [2] [3] Reliance Digital opened its first store on 24 April 2007 in Delhi. [4] Currently there are more than 8,600 Reliance Digital and 1,800 My Jio stores in around 800 cities in India in addition to an online presence.
Originally a subsidiary of Reliance Industries (RIL), it was demerged as an independent entity and listed on the Indian stock exchanges in August 2023. [3] The company provides financial services, including payment services and insurance broking. [4] [5] Its subsidiary Jio Finance holds an NBFC license from the RBI.
Jio Platforms is an Indian multinational technology company, headquartered in Mumbai.It is a subsidiary of Reliance Industries.Established in 2019, it acts as a holding company for India's largest mobile network operator, Jio, and other digital businesses of Reliance. [3]
Reliance Communications Limited (RCOM) was an Indian mobile network provider headquartered in Navi Mumbai, Maharashtra that offered voice and 2G and 3G and 4G data services. In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. [ 3 ]
Independent TV originally launched as Reliance Big TV on 19 August 2008. [2] The service acquired 1 million subscribers within 90 days of launch, due to limited competition from other operators in the market. The service was later renamed to Reliance Digital TV. The operator was acquired by Pantel Technologies & Veecon Media in January 2018. [3]
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