Current Affairs · Corporate Agreements
Consider the following statements regarding Jio Financial Services (JFS) and its transaction involving State Bank of India's (SBI) stake in Jio Payments Bank: 1. JFS agreed to acquire SBI's 30% stake in Jio Payments Bank for approximately ₹104.54 crore. 2. Prior to this transaction, JFS held a 70% stake in Jio Payments Bank. 3. Upon completion of the acquisition, Jio Payments Bank will become a wholly-owned subsidiary of JFS. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 and 3 only
- 21, 2, and 3✓
- 32 and 3 only
- 41 and 2 only
Correct answer
1, 2, and 3
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