Jio Credit News

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

Jio Financial Services and Bank of America on Wednesday announced a definitive agreement to form a joint venture that will see the US banking major acquire up to 49.9% in Jio Credit, the latter s wholly owned non-banking financial company (NBFC).The investment