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Bank of America invests Rs 18,268 crore in Jio Financial Services' Jio Credit

Bank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of the lending subsidiary. The transaction will provide substantial capital for Jio Credit's expansion plans. It will combine Jio's digital network with Bank of America's financial expertise. This partnership seeks to enhance credit access for all Indians.

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timesofindia.indiatimes.com2 g fa

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

Bank of America investing $1.9B for 49.9% stake in Jio Credit, India's $3.2B NBFC lender. The deal demonstrates BoA's capital strategy for APAC fintech consolidation, signaling M&A pressure on India-based NBFC startups and raising tech standards for governance, risk, and compliance automation.

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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 invests Rs 18,268 crore in Jio Financial Services' Jio Credit

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

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 takes 49.9% stake in Jio Credit for $1.9 billion

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

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

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

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

BofA to pump ₹18,268 cr in Jio Credit; stake may go up to 49.9%