Bank of America to Invest Rs 18,268 Crore for 49.9% Stake in Jio Credit

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Finance

13 August 2026 at 1:28 am

Bank of America to Invest Rs 18,268 Crore for 49.9% Stake in Jio Credit

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Summary

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 this partnership.

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