Bank of America is set to take as much as a 49.9% holding in Jio Credit, the lending arm of Jio Financial Services, through a preferential issue of equity shares and warrants. The deal will bring ...

Jio Financial Services Ltd (JFSL) of the Reliance Industries group and Bank of America Corporation (BofA) have signed a definitive agreement under which BofA will acquire up to a 49.9% stake as a ...

Jio Financial Services shares: Bank of America agreed to acquire up to 49.9% in its lending arm Jio Credit through a Rs 18,268 crore joint venture deal. The US bank will initially take 26.5%, with the ...

Jio Financial Services Ltd (JFSL) and Bank of America Corporation (BofA) on Wednesday (August 12) entered into a joint venture agreement under which BofA will acquire up to a 49.9% stake in Jio Credit ...

The statement said the joint venture will combine the digital reach and expertise of the Indian market with BofA’s global financial services knowledge. JFSL & BofA partner for Jio Credit Ltd. BofA to ...

Bank of America (BofA) has entered into a definitive agreement with Jio Financial Services (JFSL) to acquire up to 49.9 per cent in Jio Credit Limited (JCL), JFSL’s wholly owned NBFC lending ...

Artificial intelligence is reshaping industries, accelerating scientific discovery and changing how societies operate. But as AI becomes more advanced, it also raises some pressing questions. How do ...

United Nations Assistant Secretary-General and UNDP Regional Bureau for Asia and the Pacific Regional Director Kanni Wignaraja – Pic by Lasantha Kumara Sri Lankan-born Kanni Wignaraja, United Nations ...