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 ...

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 ...