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Bank of America reportedly in talks for 49.9% stake in Jio Financial subsidiary

Bank of America reportedly seeks a 49.9% stake in a Jio Financial Services subsidiary for $1.9 billion, though the deal remains unconfirmed by

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economictimes.indiatimes.com2 g fa

Bank of America, Jio Financial ink JV for 49.9% Jio Credit stake

Bank of America invests $1.9B for up to 49.9% stake in Jio Credit, Jio Financial's digital-first NBFC, starting with 26.5%. The deal brings BoA risk management expertise into India's fastest-growing credit market, signaling fintech M&A consolidation in Asia.

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mercoledì 12 agosto 2026·economictimes.indiatimes.com
Bank of America, Jio Financial ink JV for 49.9% Jio Credit stake
Jio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% in Jio Credit. This investment could…
mercoledì 12 agosto 2026·morningstar.com
Bank of America Enters into a Joint Venture Agreement with Jio Financial Services Limited to Acquire up to 49.9% in Jio Credit Limited

Bank of America Enters into a Joint Venture Agreement with Jio Financial Services Limited to Acquire up to 49.9% in Jio Credit Limited

Bank of America reportedly in talks for 49.9% stake in Jio Financial subsidiary

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Bank of America, Jio Financial ink JV for 49.9% Jio Credit stake

Timeline cronologica

Bank of America, Jio Financial ink JV for 49.9% Jio Credit stake

Bank of America Enters into a Joint Venture Agreement with Jio Financial Services Limited to Acquire up to 49.9% in Jio Credit Limited

Bank of America to invest up to Rs 18,000 crore for 49.9% stake in Jio Credit

Bank of America to acquire 49.9% stake in Jio Credit for ₹18,268 crore

Bank of America takes 49.9% stake in Jio Credit for $1.9 billion

Bank of America to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unit

Bank of America Enters into a Joint Venture Agreement with Jio Financial Services Limited to Acquire up to…

BofA to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unit

Bank of America to acquire 49.9 percent stake in Jio Credit for Rs 18,268 crore

Bank of America to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unit