Bofa News

Jio Financial expects an ₹18,268 crore infusion from Bank of America by December for a nearly 50% stake, which could boost Jio Credit's loan book fivefold to ₹1

Asset Reconstruction Company India (ARCIL) has raised Rs 220 crore from anchor investors, including Goldman Sachs and BofA Securities, ahead of its IPO opening

BofA reports that FCNR(B) deposits are emerging as a cheaper funding source for banks, and historical trends suggest that recent inflows may not fully reverse w

The article's title mentions the final days of a BoFA VP before a Times Square stabbing, but no further details are provided in the content.

Goldman Sachs, Bank of America, and other financial institutions are planning to jointly issue a dollar stablecoin in 2027.

BofA has initiated coverage on Polycab and KEI with 'buy' ratings, projecting an upside of up to 22% for these stocks. The firm anticipates India's wires and ca

BofA Securities predicts a rebound in the IPO market, with multinational corporations (MNCs) looking to list their Indian arms. Mandar Donde of BofA Securities

A BofA survey reveals that while technology remains investors' top choice, Asia fund managers are increasingly adopting defensive strategies, with 59% hedging A

A Bank of America survey reveals that fund managers are increasingly concerned about an AI bubble, leading investors to reduce exposure to AI and semiconductor

A BofA survey indicates India has become the least-favored Asian stock market among fund managers, primarily due to concerns over its lack of AI exposure and we

ICICI Bank is seeking a $1.45 billion loan over four years, led by Bank of America and involving multiple international banks. The funds will enhance foreign cu

ICICI Bank is seeking a $1.45 billion loan from a Bank of America-led consortium of international banks to attract leveraged investors to its FCNR-B deposit pro

The Jio Credit-Bank of America deal could signal renewed foreign interest in India's non-banking financial sector, as global banks see the retail market as attr

Shares of Jio Financial gained 3% after reports that BofA plans to invest Rs 18,268 crore in Jio Credit, with the stock reaching a high of Rs 263.35 on BSE befo

Bank of America (BofA) is set to invest ₹18,268 crore in Jio Credit, acquiring a 26.5% equity interest. This stake could increase to 49.9% upon the exercise of