Jio Credit 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

Bank of America plans to acquire up to a 49.9% stake in Jio Credit through a joint venture with Jio Financial. Mukesh Ambani emphasized the importance of a scal

Bank of America is set to acquire up to a 49.9% stake in Jio Credit, a joint venture with Jio Financial Services, in a deal potentially worth Rs 18,268 crore ($

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

Bank of America plans to invest $1.9 billion in Jio Financial's Jio Credit, signaling confidence in India's retail loan market. This collaboration aims to expan

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 plans to invest up to Rs 18,000 crore for a 49.9% stake in Jio Credit.

Jio Financial Services shares are in focus after Bank of America agreed to acquire up to a 49.9% stake in its lending arm, Jio Credit, for Rs 18,268 crore. The

Bank of America is set to invest approximately Rs 18,268 crore ($1.9 billion) for a 49.9% stake in Jio Credit, aiming to expand credit access in India through t

Bank of America will invest ₹18,268 crore in Jio Credit, acquiring an initial 26.5% equity interest through a preferential allotment of shares and warrants, fol

Bank of America is set to acquire a 49.9 percent stake in Jio Credit for Rs 18,268 crore.

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