STARTUP/TECHNOLOGY
Meesho Pumps ₹100 Cr Into FinTech Subsidiary To Bolster Payments Flow
Meesho Ltd, a leading e-commerce marketplace, is infusing ₹100 crore into its subsidiary, Meesho Payments Pvt Ltd (MPPL), through a rights issue or further capital issuance in one or more tranches. The board of directors has approved the fund infusion, underlining the company’s continued focus on strengthening its fintech capabilities alongside its core commerce operations. […]
CW Bureau
·
May 6, 2026
BANKING & FINANCE
MUFG Bank Acquires 20% Stake In Shriram Finance For ₹39,618 Cr
MUFG Bank Ltd, a consolidated subsidiary of Mitsubishi UFJ Financial Group Inc (MUFG), has made a strategic investment of ₹39,618 crore towards acquiring 20% equity stake in Shriram Finance Ltd (SFL), thus marking one of the largest cross-border investments in India’s financial services sector. Strategic investment completed MUFG Bank acquired 47.11 crore equity shares of […]
CW Bureau
·
Apr 8, 2026
BANKING & FINANCE
Emirates NBD Gets Reserve Bank Nod To Acquire Up To 74% In RBL Bank
Emirates NBD Bank PJSC has received approval from Reserve Bank of India to acquire up to 74% of the paid-up share capital in RBL Bank, marking a significant cross-border investment in India’s banking sector. As per the regulator’s communication, ENBD will be required to maintain a minimum 51% shareholding, while its voting rights will be […]
CW Bureau
·
Apr 3, 2026
