EconomyBofA Strikes $1.9 Billion Deal for Stake in Lender Jio Credit

Bank of America agreed to pay about $1.9 billion for as much as 49.9% of a lending unit owned by Jio Financial Services, giving the US bank direct access to India’s fast-growing economy.

Bank of AmericaJio Financial ServicesIndiafinancial deal

BBloomberg News★★★☆☆2026-08-13 03:21Original