State Bank Of India

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Large Cap | Bank - Public
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SBI’s JV commences commercial operations

Date: 04-04-2018

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

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.