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Bank of America to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unit

The deal is the latest large investment in India's financial services sector.

Bank of America to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unit

Published August 12, 2026 · Category: Finance

Overview

The deal is the latest large investment in India's financial services sector.

Source

Originally published at www.cnbc.com.

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