Jio Credit could grow its loan book fivefold to around ₹1.5 lakh crore after Bank of America infuses ₹18,268 crore for a near-50% stake. The capital is expected by December, after which the lender plans to reassess its products and strategy to accelerate grow… For the full story, visit the source.
BusinessMaharashtra
Jio Financial says BoFA's Rs 18k cr to come by Dec; Jio Credit's product plans, strategy to be redrawn
Jio Credit could grow its loan book fivefold to around ₹1.5 lakh crore after Bank of America infuses ₹18,268 crore for a near-50% stake. The capital is expected by December, after which the lender plans to reassess its products and strategy to accelerate grow…
By PTI· The Times of India· 21 days ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India