Jio Financial Enters Stock Broking Business; 2025 Broking Stocks Fall Amid Weak Market Sentiment
Jio BlackRock Investment Advisers, a joint venture between Jio Financial Services and BlackRock, has officially ventured into the stock broking business. On January 20, 2025, Jio Financial Services announced the incorporation of a wholly-owned subsidiary, Jio BlackRock Broking Private Limited, aimed at expanding into the broking space, subject to regulatory approvals. Jio Financial’s Foray into…