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Bank of America to Acquire Up to 49.9% Stake in Jio Credit Limited
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Bank of America to Acquire Up to 49.9% Stake in Jio Credit Limited
Aug 12, 2026 8:44 AM

11:29 AM EDT, 08/12/2026 (MT Newswires) -- Bank of America ( BAC ) has signed a definitive agreement to acquire up to a 49.9% interest in Jio Financial Services' Jio Credit Limited subsidiary through a preferential allotment of equity shares and warrants, the companies said Wednesday.

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