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Jio Financial Services (JFS), backed by billionaire Mukesh Ambani, plans to expand its offerings by launching auto, home loans, and other financial products. JFS aims to establish itself as a full-service financial services firm in India, where the penetration of financial investment products is low compared to the size of the economy. The company has already launched personal loans and consumer durable loans, and it now plans to introduce business and merchant loans. ....