Bank of America to buy up to 49.9% in Jio Credit for Rs 18,268 crore
Bank of America will acquire up to a 49.9% stake in Jio Credit, the NBFC arm of Jio Financial Services, for up to Rs 18,268 crore ($1.9 billion). The deal values Jio…
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Bank of America to buy up to 49.9% in Jio Credit for $1.9 bn
Bank of America will invest up to Rs 18,268 crore ($1.9 billion) in Jio Credit Ltd, the lending arm of Jio Financial Services, acquiring a 26.5% equity stake that can rise to…
Bank of America to invest Rs 18,268 crore in Jio Credit
Bank of America will invest up to Rs 18,268 crore, or about $1.9 billion, in Jio Credit, the lending subsidiary of Jio Financial Services. The deal will initially give BofA a 26.5%…
