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 […]
