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News

Charlotte Observer
charlotteobserver.com > news > business > article316874199.html

Why Bank of America is making a $2-billion bet on a credit market in India

3+ week, 1+ day ago   (344+ words) Bank of America is expanding its international footprint with a $1.9 billion investment in Jio Credit Limited, the lending arm of India’s fast-growing Jio Financial Service. Under a definitive agreement, the Charlotte-based banking giant will acquire up to 49.9% in Jio Credit…...