Story thread · 7 reports / 7 sources

Bank of America to invest ₹18,268 cr in Jio Credit: What the deal means for NBFC Sector

businesstoday.in · 1h · first report

Jio Financial Services and Bank of America have signed a definitive agreement under which BofA will acquire an initial 26.5% equity interest in Jio Credit through a preferential allotment of equity shares and warrants.

The coverage

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

    thehindu.com · 1h

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

    cryptobriefing.com · 1h

  3. Bank of America to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unit

    cnbc.com · 1h

The conversation · 0

Sign in to join the conversation.

No comments yet — start the thread.