Jio Credit Eyes December Approval for Rs 18,268 Crore BoFA Deal, Plans to Redraw Product Strategy
Jio Credit expects regulatory clearance by December for its Rs 18,268 crore fund raise tied to Bank of America, a transaction that could materially reshape the companyโs growth path. The capital infusion is set to trigger a review of product plans and business strategy, while also lifting assets under management, according to Jio Financial Services.
