About Jio Payments Bank Limited
Data last updated:
Jio Payments Bank Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Industries Limited. It operates in the banking institutions segment of the financial services sector. It was incorporated on 10 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2016PLC287584. Its GSTIN is 27AADCJ8257C2ZI (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹750 Cr and a paid-up capital of ₹718.6 Cr. It is led by directors including Vinod Easwaran (Managing Director) and Sunil Mehta.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
The company has about 167 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19 Cr on record. Court records list 104 cases involving the company, including 104 filed against it; 24 cases are pending. The company has 5 deals on record (3 rights issues, 2 secondary share transfers); the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jiopaymentsbank.com.
Company details
Contact details
Jio Payments Bank Limited's registered office is in Mumbai, Maharashtra. Its website is jiopaymentsbank.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Building 4Na Maker Maxity, Bandra Kurla Complex Road, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Banking Institutions
To see the full contact details of Jio Payments Bank Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Jio Payments Bank is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K1 | Banking activities by Central, Commercial and Saving banks |
To see the full business activity and turnover split of Jio Payments Bank Limited, buy the company report.
Financials of Jio Payments Bank Limited
FY 2025 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Jio Payments Bank Limited, buy the company report.
Board of directors of Jio Payments Bank Limited
Jio Payments Bank has 7 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Mehta Also directs: CMS Info Systems Limited, Juniper Hotels Limited, Jio Financial Services Limited and 4 more | Director | 29 Jul 2024 | 2 Years 3 Months | Current |
| Gopalakrishna Gurrappa Also directs: Indygen Labs Private Limited, Icici Home Finance Company Limited, Icici Pension Fund Management Limited and 3 more | Director | 15 Oct 2024 | 2 Years 0 Months | Current |
| Praveena Kala Also directs: Whiteoak Capital Asset Management Limited | Director | 10 Nov 2021 | 4 Years 11 Months | Current |
| Siddharth Achuthan Also directs: Alok Industries Limited, Reliance Industrial Infrastructure Limited, Sammaan Capital Limited and 5 more | Director | 29 Apr 2022 | 4 Years 6 Months | Current |
| Puthuaizthumadam Hariharan Kashinathan Also directs: Jio Payment Solutions Limited | Additional Director | 15 Oct 2025 | 1 Years 0 Months | Current |
| Vinod Easwaran | Managing Director | 30 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Jio Payments Bank Limited is audited by K. S. Aiyar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. S. Aiyar & Co | FY 2023 | 100186W |
Shareholding
The shareholding of Jio Payments Bank Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Jio Payments Bank Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2025 | 101174566 | Axis Bank Limited | ₹14.5 Cr | Open | |
| 13 May 2024 | 100930233 | Axis Bank Limited | ₹4.5 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Jio Payments Bank Limited has 5 deals on record (3 rights issues, 2 secondary share transfers); the latest was in March 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹375 Cr | Investors: Jio Financial Services Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Jio Financial Services Limited Seller: Reliance Industries Limited |
| Jan 2022 | Rights issue | ₹111.6 Cr | Investors: Reliance Industries Limited , State Bank Of India |
| Jan 2017 | Rights issue | ₹231.9 Cr | Investors: Reliance Industries Limited , State Bank Of India |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: State Bank Of India Seller: Reliance Industries Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jio Payments Bank Limited has 104 court cases on record: 104 filed against it. 24 cases are pending and 80 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 69 | 69 | 14 |
| High courts | 35 | 35 | 10 |
Cases on record (5 of 104)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Kanti Sweets Private Limited | Pending |
| District court, Chamba, Himachal Pradesh | Court case (Cr. M. A.) | Filed against the company | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company | Pending |
| District court, Nagpur, Maharashtra | Criminal miscellaneous application | Filed against the company | Pending |
| District court, Srinagar, Jammu and Kashmir | Court case (Cr. Misc. Applications) | Filed against the company | Pending |
To see the full case history of Jio Payments Bank Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jio Payments Bank Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jio Payments Bank Limited has a workforce of 167 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Jio Payments Bank has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCJ8257C2ZI | Maharashtra | Active | 01 Jul 2017 |
| 27AADCJ8257C3ZH | Maharashtra | Active | 15 Aug 2017 |
| 24AADCJ8257C1ZP | Gujarat | Active | 01 Jul 2017 |
| 03AADCJ8257C1ZT | Punjab | Active | 04 Mar 2021 |
To see the full GST registrations and return filing status of Jio Payments Bank Limited, buy the company report.
Recent activity
Jio Payments Bank Limited has 28 board changes on record since 2017: 7 appointments and 21 cessations. The latest: Puthuaizthumadam Hariharan Kashinathan was appointed as Additional Director on 15 Oct 2025.
21 earlier events are in the company report.
News
Frequently asked questions
Jio Payments Bank is an active public limited company based in Mumbai, Maharashtra, India. The company works in banking institutions, within the financial services industry. It was incorporated on 10 November 2016 (10+ years old) and is registered under CIN U65999MH2016PLC287584.
Jio Payments Bank has 7 current directors:
- Vinod Easwaran - Managing Director
- Sunil Mehta - Director
- Gopalakrishna Gurrappa - Director
- Praveena Kala - Director
- Siddharth Achuthan - Director
- Puthuaizthumadam Hariharan Kashinathan - Additional Director
- Hitesh Kumar Sethia - Nominee Director
The latest financial statements of Jio Payments Bank on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Jio Payments Bank is 27AADCJ8257C2ZI, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCJ8257C3ZH (Maharashtra), 24AADCJ8257C1ZP (Gujarat), 03AADCJ8257C1ZT (Punjab).
The CIN (Corporate Identification Number) of Jio Payments Bank is U65999MH2016PLC287584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jio Payments Bank has 104 court cases on record: 104 filed against it. 24 are pending. Most are in the district courts.
Jio Payments Bank was incorporated on 10 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Jio Payments Bank has 5 deals on record (3 rights issues, 2 secondary share transfers); the latest was in March 2024.
Puthuaizthumadam Hariharan Kashinathan was appointed as Additional Director on 15 Oct 2025. Gopalakrishna Gurrappa ceased to be Additional Director on 22 Sep 2025. Rajesh Kumar ceased to be Nominee Director on 19 Jun 2025. Jio Payments Bank has 28 board changes on record in total.
Jio Payments Bank can be reached through the website jiopaymentsbank.com. Its registered office is in Mumbai, Maharashtra, India.
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