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Bank Of America To Infuse ₹18,268 Crore In Jio Credit To Boost Growth & Expand Lending Business

Bank Of America To Infuse ₹18,268 Crore In Jio Credit To Boost Growth & Expand Lending Business
Photo: Free Press Journal · view original

Mumbai, Sep 13: Non-bank lender Jio Credit will get the capital of Rs 18,268 crore from Bank of America (BoFA) by December this year once all the regulatory approvals for the infusion are in place, a top official at parent Jio Financial Services (JFS) has said. Once the capital comes in, the enti...

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