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Bank of America to Invest Rs. 18,268 Crore in Jio Financial Arm, Acquire Up to 49.9% Stake in Jio Credit

August 13, 2026August 13, 2026

Mumbai: Bank of America (BofA) will invest ₹18,268 crore to acquire up to a 49.9% stake in Jio Credit Limited (JCL), the wholly owned lending subsidiary of Jio Financial Services Limited (JFSL),…

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Neo Politico is an International media group which believes more in investigative journalism rather than just reporting it. We cover more politics and the most important topics of our time and telling stories that would otherwise go untold. While our news coverage helps people understand the world, our Opinion report helps people imagine the world as it could be, through rich discussion and intelligent debate.

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