Categories: Business News

BofA to take 49.9% stake in Jio Credit for $1.9 billion in India push

By Nishit Navin and Jayshree P Upadhyay Aug 12 (Reuters) – Bank of America will acquire as much as a 49.9% stake in the non-bank lending arm of…

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Published: August 13, 2026 08:18:10 IST

By Nishit Navin and Jayshree P Upadhyay Aug 12 (Reuters) – Bank of America will acquire as much as a 49.9% stake in the non-bank lending arm of Jio Financial Services in a 182.68 billion rupee ($1.92

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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Published: August 13, 2026 08:18:10 IST

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