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Reliance’s Jio Financial Services to be listed on August 21

Reliance’s Jio Financial Services to be listed on August 21

Jio Financial Services (JFS), the financial arm of Indian conglomerate Reliance Industries, is set to be listed on the stock exchanges on August 21, per a stock exchange circular on Friday.

Billionaire Mukesh Ambani’s Reliance hadlast monthspun off JFS, with the market ascribing a valuation of around $20 billion. Ambani has said Jio Financial Services aims to provide simple, affordable and innovative digital first solutions.

Reliance’s Jio Financial Services to be listed on August 21

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