Bank of America to Invest ₹18,268 Crore in Jio Credit

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Business

13 August 2026 at 12:58 am

Bank of America to Invest ₹18,268 Crore in Jio Credit

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Summary

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, following a definitive agreement with Jio Financial Services.

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