Neutral impactSector

Bank of America to acquire up to 49.9% in Jio Credit for Rs 18,268 crore

Economic Times 2 hrs ago·12 Aug 2026, 3:30 pm

Bank of America will acquire an initial 26.5 per cent stake in Jio Credit, which can rise to 49.9 per cent through warrants, in an investment of up to Rs 18,268 crore.

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Summary & analysis by DocStoX. Full story at Economic Times.

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