{
  "id": 19465,
  "url": "https://www.medianama.com/2026/08/223-jio-financial-49-9-stake-nbfc-bank-of-america",
  "title": "Jio Financial to sell 49.9% stake in NBFC arm to Bank of America for $1.9 billion",
  "summary": "Jio Financial Services and Bank of America has signed an agreement which lets BofA acquire 49.9% stake in its NBFC subsidiary Jio Credit through a preferential allotment of equity shares and warrants. The post Jio Financial to sell 49.9% stake in NBFC arm to Bank of America for $1.9 billion appeared first on MEDIANAMA .",
  "authors": "Amit Singh",
  "category": "news",
  "topics": "bias-fairness",
  "orgs": null,
  "regions": "us",
  "published_at": "2026-08-13T09:52:01.000Z",
  "fetched_at": "2026-08-14T05:10:49.168Z",
  "source_slug": "x-medianama-in",
  "source_name": "MediaNama (IN)",
  "source_homepage": "https://www.medianama.com",
  "ethics_ai_record_url": "https://ethics.ai/record/19465",
  "original_url": "https://www.medianama.com/2026/08/223-jio-financial-49-9-stake-nbfc-bank-of-america",
  "evidence_status": "source-only",
  "attribution": "via ethics.ai"
}