SEBI, BlackRock and Jio Financial
India's Jio Financial, BlackRock Get In-Principle Approval to Set up Mutual Fund Business
BENGALURU (Reuters) - Jio Financial and U.S.-based BlackRock got in-principle approval from India's markets regulator to act as co-sponsors and set up a mutual fund business in the country, the Mukesh Ambani-led Reliance Group company said on Friday.
Jio Financial and BlackRock get SEBI nod to set up mutual fund business
"The final approval for registration will be granted by SEBI subject to fulfillment by the Company and BlackRock of the requirements set out in the said letter," JFS said in an exchange filing.
Jio Financial Services mutual fund license - Important update from SEBI
Shares of Jio Financial Services slipped 1.95 per cent on BSE, Friday, October 04 to settle at Rs 338.75 per share. The scrip opened at Rs 344.50 per share, making a high of Rs 345.05 and a low at Rs 336.
SEBI grants in-principle approval to Jio Financial and BlackRock for mutual fund
Jio Financial Services Ltd (JFS), a subsidiary of Reliance Industries, announced on October 4 that it has received in-principle approval from the Securities and Exchange Board of India ( SEBI ) to collaborate with BlackRock Financial Management as co-sponsors to establish a proposed mutual fund,
SEBI gives in-principle nod to set up Jio Financial-BackRock's MF business
Jio Financial Services Ltd, the spun-off financial services entity of Mukesh Ambani-led Reliance Industries, said on October 4 that capital markets regulator Securities and Exchange Board of India (SEBI) has granted the in-principle approval to the company and BlackRock Financial Management to act as co-sponsors and set up the proposed mutual fund
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