According to Jio Financial, the approval letter from RBI was received on November 15, 2023. Jio Financial Services has a net worth of Rs 1.2 lakh crore.
Reliance Industries chairman Mukesh Ambani is set to address the company’s AGM on August 29 and it is expected that Ambani would make an announcement regarding the launch of FWA during AGM.
Hyderabad Nizam Mir Osman Ali Khan is regarded as the first billionaire of independent India and his net worth was estimated at USD 230 billion i.e. Rs 17.47 lakh crores.