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Bank of America to acquire 49.9% stake in Jio Credit for ₹18,268 crore
Bank of America will invest up to ₹18,268 crore in Jio Credit, acquiring an initial 26.5% stake that could rise to 49.9% subject to approvals.
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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…
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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
