Indian Express•Business•12 ఆగ
Bank Of America To Invest Rs 18268 Cr For 49 9 Stake In Jio Financial Arm
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 joint venture partner in JFSL s wholly-owned NBFC lending subsid