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Jio Financial Services ramps up secured lending but postpones unsecured credit growth

Business
Published on 24 April 2026
Jio Financial Services ramps up secured lending but postpones unsecured credit growth

It is growing loans yet deliberately avoiding unsecured credit

Jio Financial Services says it is expanding its lending book through property and asset-backed corporate loans, keeping its focus on secured segments for now. The company is prioritising balance sheet strength before moving into unsecured credit. Alongside lending growth, its payments bank and payment aggregator businesses are also expanding as it targets a broader full-service financial model.

  • Jio Financial Services expanding lending via secured property and asset-backed corporate loans
  • Company is delaying entry into unsecured credit to protect balance sheet strength
  • Current loan book concentrates on secured segments
  • Payments bank and payment aggregator businesses are growing
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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