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Reliance Industries’ payments bank venture commences commercial operations

04 Apr 2018 Evaluate

Reliance Industries’ (RIL) JV - Jio Payments Bank has commenced the commercial operations. Jio Payments Bank is a joint venture (JV) between RIL, which owns 70%, and the country’s largest lender State Bank of India (SBI), which owns 30%.

RIL is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.


Reliance Industries Share Price

1294.30 -15.20 (-1.16%)
08-Sep-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1294.30
Indian Oil Corpn. 134.25
Bharat PetroleumCorp 304.20
HPCL 348.25
MRPL 173.05
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