Bank of America Enters into a Joint Venture Agreement with Jio Financial Services Limited to Acquire up to 49.9% in Jio Credit Limited
August 12, 2026
August 12, 2026
CHARLOTTE, North Carolina, Aug. 12 [Category: BizFinancial Services] -- Bank of America, a financial institution, posted the following news release:
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Bank of America Enters into a Joint Venture Agreement with Jio Financial Services Limited to Acquire up to 49.9% in Jio Credit Limited
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#Key points
* Bank of America's investment, including the equity shares and warrants, Rs18,268 crore (~$1.9 billion USD[1]).
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Bank of America Enters into a Joint Venture Agreement with Jio Financial Services Limited to Acquire up to 49.9% in Jio Credit Limited
*
#Key points
* Bank of America's investment, including the equity shares and warrants, Rs18,268 crore (~$1.9 billion USD[1]).
. . .