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Jio Credit Partners with Bank of America for ₹18,268 Crore Capital Infusion to Accelerate Growth.

Sep 13, 2026•about 4 hours ago

Contract Type

partnership

Financial ServicesFinanceFintechLendingBanking

Description

Jio Credit will receive a capital infusion of ₹18,268 crore from Bank of America, pending regulatory approvals. This partnership aims to significantly grow Jio Credit's assets under management and improve its business strategies.

Company Information

Company

Jio Credit

About

Jio Credit is a non-bank lender that focuses on providing diverse credit solutions. It is a subsidiary of Jio Financial Services, which aims to accelerate growth in assets under management. The company is set to enhance its business strategy through a partnership with Bank of America.

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Based on industry data
Strategic partnership established
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