Mukesh Ambani-backed Jio Financial Services (JFS) on Thursday said it has invested nearly ₹2,000 crore in its wholly-owned subsidiary, Jio Credit Limited (JCL), by subscribing to 3,35,71,923 equity shares at a premium of ₹585.70 per share.
The transaction did not require governmental or regulatory approval.
JCL’s total disbursements stood at ₹8,615 crore in Q3FY26, up 2 times year-on-year (y-o-y) and 30 per cent sequentially. Its pre-provisioning operating profit increased to ₹99 crore, up 24 per cent on a quarterly basis.
Published on February 26, 2026
