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Jio Payments Bank Secures Mutual Funds Distribution License from AMFI

Kumari Sonali

Jio Payments Bank Secures Mutual Funds Distribution License from AMFI:

Jio Payments Bank, a subsidiary of Jio Financial Services, has successfully obtained a mutual fund distribution license from the Association of Mutual Funds in India (AMFI). This Category 1 Execution-only Platform (EOP) license enables Jio Payments Bank to distribute the direct plans of various mutual fund schemes.

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