1. Jio Credit "AAA" credit rating maintained Delivered - At the Q1 FY26 call, management said JCL received "AAA" ratings from both CareEdge and CRISIL. The "AAA" rating was maintained through Q4 FY26 and the Q4 FY26 PPT disclosures.
2. RSHL fully consolidated as 100% step-down subsidiary from April 30, 2026 Delivered - At the Q1 FY27 call, management said full line-by-line consolidation of Reliance Services and Holdings Limited as a 100% step-down subsidiary began that quarter, effective April 30, 2026. RSHL was consolidated effective April 30, 2026, as confirmed in the Q1 FY27 PPT.
3. Self-onboarding platform for Digital PoSPs rolled out after proof of concept Partial - At the Q2 FY26 call, management said insurance broking completed a proof of concept for a self-onboarding platform for Digital PoSPs, pending rollout. The Digital PoSP channel reached 21 states by Q3 FY26, facilitated over Rs. 100 crore premium in its first year by Q4 FY26, and covered 25 states by Q1 FY27, but no explicit confirmation of the platform rollout appears in the record.
4. Jio Payments Bank toll processing expansion as FASTag acquirer bank Delivered - At the Q2 FY26 call, management said the bank held IHMCL mandates for 12 toll plazas with 11 operational, plus MLFF contracts for two toll plazas. Toll processing went live across 18 plazas in 8 states by Q4 FY26 and 20 plazas including MLFF by Q1 FY27.
5. NCD issuance within Board-approved Rs. 15,000 crore limit for FY27 On track - The Board approved an NCD limit of Rs. 15,000 crore for FY27. Rs. 1,500 crore of NCDs were issued in June 2026 against the limit.
6. RSHL investment in JB MF funds up to Rs. 1,100 crore over FY 2026-27 to FY 2030-31 On track - Approval was sought for RSHL to invest in units of JB MF funds, with outstanding value at any point estimated up to Rs. 1,100 crore over five financial years FY 2026-27 to FY 2030-31. RSHL made average investments of Rs. 513.34 crore in FY 2025-26 and Rs. 24.94 crore up to June 30, 2026.
7. IPO/NCDF proceeds fully utilised by March 31, 2028 On track - IPO/NCDF proceeds are expected to be fully utilised by March 31, 2028, with no delay reported per the management undertaking and auditors' certificate dated July 10, 2026. No specific utilisation figure appears in later notes and no delay was reported as of July 2026.
8. Preferential issue proceeds fully utilised by March 31, 2028 On track - Proceeds of the preferential issue are expected to be fully utilised by March 31, 2028. Cumulative utilisation stood at Rs. 4,927.64 crore with Rs. 10,897.36 crore unutilized as of the quarter ended July 2026, with no delay reported.
9. Preferential issue of convertible warrants aggregating Rs. 15,825 crore On track - The preferential issue of up to 50 crore convertible warrants at Rs. 316.50 per warrant, aggregating Rs. 15,825 crore, had an issue period of September 03, 2025, with the balance 75% (Rs. 11,868.75 crore) due within 18 months of allotment, i.e., by March 2027. A first tranche of Rs. 3,956.25 crore came in Q2 FY26 and a second tranche of Rs. 5,934 crore in Q1 FY27, taking cumulative infusion to Rs. 9,890 crore.
10. JFSL conversion to Core Investment Company within regulatory deadline Delivered - RBI stipulated that JFSL apply for conversion to a Core Investment Company within six months of the Scheme becoming effective or three months of listing, whichever is earlier. JFSL applied in November 2023 and received approval effective July 9, 2024.
11. JioScore and Personal CFO launch on the Jio Finance app Pending - At the Q4 FY26 call, management said JioScore, the proprietary financial fitness index, is "going to launch soon", alongside a value-back membership program and "every Indian's Personal CFO" conversational AI coach powered by JioScore; by Q1 FY27 the Personal CFO was still being rolled out "in the near future". The separate JioPoints rewards program is operational with 0.57 crore enrolled users and 20.4 crore JioPoints issued, but the value-back membership program remains listed under upcoming features and no launch of JioScore or Personal CFO is confirmed as of Q1 FY27.
12. Payment Aggregator-Cross Border license for Jio Payment Solutions Delivered - At the Q4 FY26 call, management said Jio Payment Solutions received the Payment Aggregator-Cross Border license. Cross-border settlement capabilities launched in Q1 FY27, enabling Indian exporters to accept global remittances.
13. Jio Allianz Life Insurance JV establishment On track - At the Q2 FY26 call, management said a non-binding agreement was signed with Allianz to set up life and general insurance JVs; by Q1 FY27 the non-binding agreements remained active for the Life Insurance JV. The general insurance JV was incorporated, while the life insurance JV remained at the non-binding agreement stage as of Q1 FY27.
14. Jio Allianz General Insurance regulatory approvals and launch On track - At the Q1 FY27 call, management said the company is "currently working towards securing regulatory approvals for the general insurance venture" with Allianz, with approval processes "progressing satisfactorily". Jio Allianz General Insurance Limited was incorporated as a 50:50 JV in Q1 FY27, with regulatory approvals in process.
15. Allianz Jio Reinsurance commencement of operations Delivered - At the Q2 FY26 call, management said Allianz Jio Reinsurance Limited, a 50:50 JV, was incorporated with leadership hiring commenced and the regulatory approval process begun. The venture received regulatory approvals and commenced operations in March 2026, underwriting Rs. 266 crore premium in its first full quarter in Q1 FY27.
16. Jio BlackRock AMC retail Fund Management Entity in GIFT City Delivered - At the Q4 FY26 call, management said JioBlackRock AMC received in-principle approval to establish a retail Fund Management Entity in GIFT City, with final IFSCA approval awaited. IFSCA approval was received by Q1 FY27.
17. Jio BlackRock AMC Specialized Investment Fund launch Delivered - At the Q3 FY26 call, management said an application was filed with SEBI for a Specialized Investment Fund. SEBI NOC was received by Q4 FY26, and the Prism SIF (Hybrid Long-Short) NFO closed July 13, 2026, raising over Rs. 150 crore.
18. Sector Rotation Fund launch shortly after regulatory approval Partial - At the Q3 FY26 call, management said the Sector Rotation Fund would launch shortly, with regulatory approval for four new funds (Arbitrage, Short Duration, Low Duration, Sector Rotation) already secured. By Q4 FY26, JioBlackRock launched funds in four additional categories - Short Duration, Low Duration, Thematic and Large Cap - but no explicit confirmation of the Sector Rotation Fund launch appears in later notes.
19. Full self-service options on loan details across JioFinance app and JioCredit website Pending - At the Q1 FY26 call, management said the JioFinance app and JioCredit website would provide full self-service options on all loan details, statement of accounts, interest certificates etc. "in the very near future". No explicit disclosure in later notes confirms these full self-service options going live.
20. Fully digital end-to-end Home Loans and Loan Against Property journey on JioCredit website Partial - At the Q1 FY26 call, management said the JioCredit website would provide a fully digital end-to-end journey for Home Loans and Loan Against Property "in a few weeks". A new Jio Credit Limited website launched in Q1 FY26 and NBFC loan products appeared on external fintech platforms, but no explicit confirmation of the specific end-to-end HL/LAP journey appears in later notes.
21. NBFC physical footprint expansion across top-tier cities over the next few quarters Delivered - At the Q1 FY26 call, management said the NBFC would continue expanding its physical footprint across top-tier cities "over the next few quarters", starting from 11 major Indian cities. The footprint grew to 14 cities/15 offices by Q2 FY26, 16 cities/18 offices by Q3 FY26, 18 cities/24 offices by Q4 FY26 and 18 cities/25 offices by Q1 FY27.
22. JPSL Brand EMI for white goods and NEFT/RTGS B2B payment solutions Partial - At the Q1 FY25 call, management said JPSL's affordability suite "will offer Brand EMI for white goods"; by Q2 FY25, NEFT and RTGS payment solutions for B2B invoice payments and Brand EMIs were on the roadmap. JPSL added recurring payments, small merchant onboarding and bank account verification solutions in Q2 FY25, but no specific disclosure of Brand EMI or NEFT/RTGS B2B invoice payment launches appears in later notes.
23. Jio Payments Bank physical debit cards and savings account variants in the near future Delivered - At the Q1 FY25 call, management said the product roadmap "includes interesting variants of the savings account and physical debit cards in the near future", with a virtual RuPay platinum debit card already offered. Physical RuPay Platinum debit cards were available by Q2 FY25, Savings Pro launched in Q1 FY26, Savings Pro auto-invest in Q2 FY26, and an Insta Debit Card by Q1 FY27.
24. Insurance broking expansion across insurers and product range in the coming months Delivered - At the Q1 FY25 call, management said "In the coming months, we will be able to expand this offering across both the dimensions i.e. increase the number of insurance companies and the number of products to offer a full range of policies". Tie-ups grew from 29 insurers at Q4 FY24 to 34 insurers with 61 plans by Q4 FY25, 82 plans from 21 insurers by Q4 FY26 and 85 plans from 22 insurers by Q1 FY27.
25. Jio Leasing Services Device-as-a-Service operating lease solutions Delivered - At the Q4 FY24 call, management said Jio's Leasing Services Limited would offer operating lease solutions under a Device-as-a-service model covering devices such as AirFiber, laptops and televisions, with the PPT listing AirFiber, Phone, Laptop, Ship lease, Solar panels, EV batteries and IT equipment. AirFiber operating leases commenced in Q1 FY25 and ship leasing began in Q1 FY25 through the RILIL JV in GIFT City, continuing through Q2 FY25.
26. BlackRock JV Asset Management, Wealth Management and Broking operationalization On track - At the Q4 FY24 call, management said the expanded BlackRock JV's wealth management and broking lines were subject to regulatory and statutory approvals with operationalization progressing well; updates were promised over the rest of FY26, and by Q1 FY27 the Securities Broking platform beta launch was guided for Q2 FY27. The AMC received approvals in May 2025 and launched its maiden NFO within weeks, all three JVs had approvals by Q1 FY26, wealth management launched in February 2026, and broking beta is scheduled for Q2 FY27.
27. Jio Payments Bank phased rollout of \~16,000 new Business Correspondent outlets Delivered - At the Q1 FY25 call, management said the bank received RBI approval to expand its network by about 16,000 Business Correspondent outlets, to be rolled out in a phased manner; by Q3 FY26, RBI in-principle approval covered 75,381 new business correspondents. The BC network grew from \~2,500 at Q4 FY24 to over 14,000 by Q4 FY25, \~200,000 by Q2 FY26, over 378,000 by Q4 FY26 and over 527,000 by Q1 FY27.
28. NBFC pipeline - Loan Against Mutual Funds, Home Loan and Loan Against Property Delivered - At the Q4 FY24 call, management said Loan against Mutual Funds, Home Loan and Loan Against Property were in the NBFC's pipeline, with home loans in sandbox/beta slated for consumer launch post beta phase by Q1 FY25. Loan Against Mutual Funds launched after beta testing, Home Loans launched in beta in Q1 FY25, and Home Loans (including Balance Transfer) and Loan Against Property were added to the app in Q2 FY25, with a Rs. 1,206 crore loan book as of September 30, 2024.
29. Unified JioFinance app launch for customers Delivered - At the Q4 FY24 call, management said a unified App was being developed and "will be launched shortly" for customers. The app launched in beta on May 30, 2024, an improved version rolled out October 10, 2024, and a new Neural Agentic Marketplace app launched in Q4 FY26, with 2.5 crore+ unique users across digital properties by Q1 FY27.