Reliance Industries Ltd.

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.