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Media Release - JioBlackRock Asset Management receives SEBI approval for mutual funds business Sid Swaminathan appointed as MD & CEO of the new asset management company Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 joint venture between Jio Financial Services Limited (JFSL) [BSE, NSE: JIOFIN] and BlackRock [NYSE: BLK], has received regulatory approval from the Securities and Exchange Board of India (SEBI) to commence operations as an investment manager for their mutual fund business in India. JioBlackRock Asset Management will bring an innovative investment proposition to the growing number of Indian retail mutual fund investors, as well as to institutional investors in India. The asset management company will seek to leverage the unique strengths of its two sponsors: JFSL’s digital reach and its deep understanding of the local market, alongside BlackRock’s global investment expertise and leading risk management technology. Key differentiators for all investors of the JioBlackRock Asset Management offering will include competitive and transparent pricing and innovative products, supported by the application of BlackRock’s pre-eminent risk management expertise. This includes Aladdin, BlackRock's globally renowned proprietary technology platform that unifies the investment management process through a common data language. For retail investors, the offering will also be distinctive for its digital-first customer proposition. JioBlackRock Asset Management aims to launch a range of investment products, including those that apply BlackRock’s industry-leading capabilities in data-driven investing, over the coming months. Isha Ambani, Non-Executive Director, JFSL, said: "India’s rapid growth is driven by a new generation with bold aspirations. Our partnership with BlackRock is a powerful combination of global investment expertise and Jio’s digital-first innovation. Together, we are committed to making investing simple, accessible, and inclusive for every Indian. I am confident that JioBlackRock Asset Management will play a transformative role in shaping the future of financial empowerment in India." Rachel Lord, Head of International at BlackRock, said: “The opportunity in asset management in India today is tremendously exciting. JioBlackRock’s digital-first customer proposition, delivering institutional quality products at a lower cost directly to investors, will enable more people in India to enjoy the many benefits of access to the capital markets. Together with our partner JFSL, we look forward to contributing to the country’s continued evolution from a nation of savers to a nation of investors.” BlackRock refers to BlackRock Financial Management Inc. JioBlackRock Asset Management is also pleased to announce the appointment of Sid Swaminathan as it’s Managing Director and Chief Executive Officer (CEO). Sid Swaminathan brings over 20 years of asset management experience to the role. He was previously Head of International Index Equity at BlackRock, where he was responsible for an AUM of $1.25 trillion. Prior to that, he served as the Head of Fixed Income Portfolio Management for Europe at BlackRock, responsible for Systematic and Indexed strategies. Sid’s deep understanding of investments – across asset classes, investment styles and geographies – will play a key role in his leadership of JioBlackRock Asset Management, as the JV works to deliver innovative investment products to millions of investors in India. Sid Swaminathan, Managing Director & CEO, Jio BlackRock Asset Management Private Limited, said: “JioBlackRock Asset Management aims to digitally deliver institutional quality investment products to investors across India and contribute to the growth of the country’s investment ecosystem. I am honoured to lead JioBlackRock Asset Management and help transform asset management in India by empowering investors to directly harness the potential of investing.”

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Free Excel Template Full Financial Statements Key Ratios - built for clarity and speed. This took hours of focused work to get right. Here’s what’s inside: 1. Profit and Loss Statement 2. Balance Sheet 3. Cash Flow (Indirect Method) 4. Cash Flow (Direct Method) 5. Comprehensive Ratio Analysis It even includes a built-in control sheet to validate every number. If you want to have it: - Comment “Excel Template” - Like and share this post

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How to Autofill; *Number multiples *Reverse Order *Decimals *Negatives * Dates *Time *Months In #Excel Learn and save time #cheatsheet

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Market share of Indian Airlines ✈️

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Explaining the VLOOKUP function in reverse.

Recite and repost.

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10 years ago Vitalik Buterin published a 3 min Ethereum explainer video: