The venture will combine JFSL’s digital reach and knowledge of the Indian market with BofA’s global financial services expertise. About Jio Credit LimitedJio Credit Limited (JCL, formerly known as Jio Finance Limited), a wholly owned subsidiary of Jio Financial Services Limited, is a digital-native NBFC redefining India’s lending landscape. About Jio Financial Services LimitedJio Financial Services Limited (JFSL) is a Core Investment Company (CIC) registered with the Reserve Bank of India. As a new-age institution, JFSL operates a full-stack financial services ecosystem through customer-facing subsidiaries, including Jio Credit Limited, Jio Insurance Broking Limited, Jio Payment Solutions Limited, Jio Leasing Services Limited, Jio Finance Platform and Service Limited, and Jio Payments Bank Limited. Reporters may contactJFSLAveek Datta, Jio Financial Services Limitedaveek.datta@jfs.inShruti Singh, Jio Financial Services Limitedshruti.singh@jfs.inBank of AmericaLinus Chettiar, Bank of AmericaPhone: 91.98200.37765linus.chettiar@bofa.comJocelyn Seidenfeld, Bank of AmericaPhone: 1.646.743.3356jocelyn.seidenfeld@bofa.comFootnotes[1] Assuming FX conversion rate of US$1 = INR 96View original content to download multimedia:https://www.prnewswire.com/in/news-releases/bank-of-america-enters-into-a-joint-venture-agreement-with-jio-financial-services-limited-to-acquire-up-to-49-9-in-jio-credit-limited-302849857.html