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JFS, BlackRock In Talks To Roll Out Private Credit Venture

  • BlackRock is reportedly in discussions with Jio Financial Services (JFS) to establish a private credit venture in India.
  • The joint venture aims to leverage the growing direct lending market in India and provide loans to businesses.
  • This would mark BlackRock's fourth collaboration with JFS, but no final decision has been made yet.
  • JFS has been expanding its services, recently launching the JioFinance app and aiming to disrupt the fintech sector.

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