# Bank of America Arm Wants CCI Approval for Jio Credit Stake

> Bank of America's NB Holdings seeks CCI approval to buy up to 49.9% of Jio Credit Limited.
- Title: Bank of America Arm Wants CCI Approval for Jio Credit Stake
- Summary: Bank of America's NB Holdings seeks CCI approval to buy up to 49.9% of Jio Credit Limited. Bank of America's NB Holdings Corporation has requested…
- Keywords: bank of america, nb holdings corporation, jio credit limited, cci, competition regulators, acquisition, Bank, America, Arm, Wants, Approval, Jio
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/banking/finance/bank-of-america-arm-seeks-cci-nod-for-up-to-49-9-in-jio-credit/articleshow/135049790.cms
- Author: ET Bureau
- Published: 2026-10-19T13:14:00+00:00
- Read time: 1 min
- Topics: bank of america, nb holdings corporation, jio credit limited, cci, competition regulators, acquisition
## Bank of America Arm
NB Holdings Corporation, a Bank of America group holding company, has sought competition regulators nod to acquire up to 49.90% of Jio Credit Limited.
## Jio Credit Limited
Jio Credit is a non-banking financial company within the Jio Financial Services group.
## No Direct Operations
NB Holdings has no direct business operations in India, according to the applicants' submission.
## Key takeaway

Bank of America's NB Holdings Corporation has requested competition regulators to approve its acquisition of up to 49.90% of Jio Credit Limited.