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Jio Financial scales AI-led marketplace as lending, asset management and partnerships accelerate

Jio Financial is scaling its AI-led JioFinance marketplace, lending, investments and insurance businesses. A proposed Bank of America investment in Jio Credit and Allianz insurance ventures will add capital, risk expertise and distribution as JFS expands India’s digital financial-services ecosystem.

Newer report , , The Hindu BusinessLine : Jio Credit targets December close for BoFA’s ₹18,268 crore investment

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Reported figures

From the report. Source details below

Jio Credit gross AUM exceeded ₹30,000 crore
JioBlackRock AUM exceeded ₹21,000 crore as of July 2026
Digital properties crossed 25 million unique users
Quarterly disbursements rose 173% to ₹11,252 crore
Shareholders' equity was ₹1.34 trillion as of March 2026

Also in the report

  • Around 9 million monthly active users in Q1FY27
  • Jio Credit gross AUM grew 163% year-on-year in Q1FY27
  • Bank of America may invest up to ₹18,268 crore for up to 49.9% in Jio Credit
  • Around 130 AI agents deployed
  • JioBlackRock broking beta is expected in Q2FY27
  • Proposed general insurance venture with Allianz is 50:50

The source

Source Read the source at Business Standard

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