Foreign Capital Pours into NBFC Sector as BofA Strikes $1.9B Deal with Jio Credit, While Sticky Inflation Keeps RBI on Hold

• Bank of America's $1.9B bet on India's NBFC sector: The US giant is acquiring up to a 49.9% stake in Jio Credit, the NBFC arm of Jio Financial Services, in a deal that values the company at roughly ₹18,268 crore.
• Helios Capital's NBFC preference: Fund manager Samir Arora says he's "running out of patience" with HDFC Bank and is now favoring NBFCs over banks for fresh investments.

| Deal Structure | Amount (₹ Cr) | Stake...