BofA to Inject ₹18,268 Crore into Jio Credit, Potential Stake Increase to 49.9%

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12 August 2026 at 11:01 pm

BofA to Inject ₹18,268 Crore into Jio Credit, Potential Stake Increase to 49.9%

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Summary

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 warrants.

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