Japan’s MUFG To Buy 20% Stake In Shriram Finance For $4.4 Billion: What This Landmark Deal Means For India’s NBFC Sector
India’s financial sector has attracted one of its biggest-ever foreign investments, with Japan’s Mitsubishi UFJ Financial Group (MUFG) set to acquire a 20% stake in Shriram Finance for about $4.4 billion. This blockbuster deal not only signals strong global confidence in India’s non-banking financial companies (NBFCs), but also marks a strategic move by Japan’s largest … Read more