To understand this company, first of all we have to talk about the role of NBFC (Non banking financial company). NBFC is very important for the people and businesses which cannot reach the traditional banks, here Jio financial service is making its place with its innovative product and the support of Reliance because it is not possible without the support of Reliance. No, the reason behind Jio financing is that we make services like landing insurance payment and asset management easy and will also do broking, i.e. mutual fund and will also become a stock broker through Reliance’s telecom and retail network. It is reaching the underbar area, that is, within 2 years or 3 years
But there are challenges too, whose credit investors are afraid. Let us first understand why it is falling as it is now. The numbers for Q3 are coming, so Jio Financial’s result has also come and the result is not very attractive. Let us try to understand it in numbers.
jio financing ka net profit -
Aum growth -
Future plan -
If you understand that mask then till here, the recent quarter updates of our company were somewhat negative but for the fund, what was right. You understood positively, now the question comes what next, now the future plan of the company. He will decide the share of the company, where will the question go, this is the future plan, let us try to understand what is it. Yes the future plan, is quite big, the strategy of the company to transform the financial ecosystem of India. It is quite clear and this company is working in four big areas.
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