Jio Financial Services, BlackRock infuse Rs 117 Cr in mutual fund business

Quick Summary:

Jio BlackRock Asset Management Private Ltd submitted an application to SEBI, seeking approval.

JFSL and BlackRock have made an initial investment of Rs 82.5 crore each in this entity.

Total expenses rose to Rs 131 crore compared to Rs 99 crore in the same quarter a year ago.

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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: India

Topics: Quarter Financial Asset Policy Services Blackrock Privacy Crore Company Management Private

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 06:04:23 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 219 words

Reading Time: 2 minutes read

Sentences: 17 lines

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Copyright Owner: © YourStory

News ID: 25336602

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