Jio Financial Services Limited
NSE: JIOFIN | Information Technology
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Jio Financial Services Share Rises 3% After BofA Pumps In Rs 18,268 Crore For 49.9% Stake
BofA and Jio Fin Deal
Read Full Analysis →Jio Financial shares in focus as Bank of America set to acquire 50% stake in Jio Credit for Rs 18,268 crore
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 stake potentially rising to 49.9% via warrants, subject to approvals. Jio Credit had an AUM of Rs 30,667 crore as of June 2026.
Read Full Analysis →Jio Financial Services Limited
Investment of up to Rs. 18,268.22 crore by NB Holdings Corporation, wholly owned subsidiary of Bank of America Corporation in Jio Credit Limited, wholly owned subsidiary of the Company |SUBJECT: Press Release
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