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

Bank of America will acquire up to 49.9% of Jio Credit Limited for $1.9 billion, marking a major foreign investment in India's consumer lending

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

Bank of America invests $1.9 billion for up to 49.9% stake in Jio Credit (India's NBFC under Reliance) via 26.5% initial stake plus warrant expansion. Signals accelerating capital flows toward Asia's consumer fintech; managers should monitor Reliance's digital lending momentum as a regional competitor and potential partnership model.

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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 takes 49.9% stake in Jio Credit for $1.9 billion

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

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, 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

BofA to acquire 49.9 pc in Jio Credit for Rs 18,268 cr

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%

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

Bank of America invests around Rs 18,268 crore for 49.9% stake in Jio Credit

BofA to acquire 49.9 pc in Jio Credit for Rs 18,268 cr

Bank Of America Partners With Jio Financial In $1.9B India Deal - Bank of America (NYSE:BAC)

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 up to Rs 18,000 crore for 49.9% stake in Jio Credit

Jio Financial shares jump 3% as Bank of America set to acquire 50% stake in Jio Credit for Rs 18,268 crore

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

Bank of America's $1.9 billion Jio bet shows global banks want a slice of India's retail lending market