The Reserve Bank of India (RBI) has granted approval for the appointment of Isha Ambani, Anshuman Thakur, and Hitesh Sethia as Directors of Jio Financial Services. The central bank’s letter stated that it grants prior approval for the appointment, and in case the company fails to implement the proposal within the specified timeframe, it will need to reapply with reasons for the delay. Jio Financial Services is the financial arm of Reliance Industries, and the approval comes after the company recorded a 101.30% growth in profitability in the quarter ended September 30, 2023.