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Hyderabad News

Business Standard

Hyderabad / Business Standard

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Bank of America arm to pick up 49.9% stake in Jio Credit for $1.9 billion

BofA will initially acquire 26.5 per cent of Jio Credit, with its holding rising to 49.9 per cent upon exercising warrants, subject to regulatory and statutory approvals

12 Aug 2026 9:34 pm