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IPPB offers savings accounts, money transfer [12] and insurance through third parties, bill and utility payments. [2] [13] [14]The bank also provides features like: Account: The bank offers savings and current accounts up to a balance of Rs. 200,000.
Jio Payments Bank Limited is a 77:23 partnership between Reliance Industries and the State Bank of India. [1] On November 10, 2016, it registered as a public limited company to set up a payments bank. On April 3, 2018, Jio Payments Bank became the sixth payment bank to commence operations in India. [2]
Jio blamed its competitors Airtel and Vodafone for spreading rumours of "Reliance being an undue beneficiary in the farm bills", an allegation both the companies denied. [120] The company saw a loss of around 25 lakh (2.5 million) subscribers in Punjab and Haryana between November and December 2020.
Jio Financial Services Ltd (JFSL) is an Indian financial services company, based in Mumbai. 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 ]
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 ]
Unified Payments Interface (UPI) is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.
Paytm was founded in August 2010 with an initial investment of US$2 million by its founder Vijay Shekhar Sharma in Noida, Delhi NCR.It started off as a prepaid mobile and DTH recharge platform, and later added debit card, postpaid mobile and landline bill payments in 2013.
Tata Docomo offered both prepaid and postpaid Mobile Phone services. It became very popular with its one-second pulse, especially in semi-urban and rural areas. In November 2008, NTT Docomo invested ₹ 12,740 crore (equivalent to ₹ 320 billion or US$3.7 billion in 2023) in Tata Teleservices, at ₹ 117 (equivalent to ₹ 290 or US$3.40 in ...