BusinessPhoto: Mint CompaniesMUFG Plans $10 Billion Investment for Majority in Shriram Finance
Mitsubishi UFJ Financial Group Inc. (MUFG), Japan's largest bank, is considering increasing its stake in Shriram Finance Ltd. from about 20% to over 50%. This move could become the largest foreign investment in India's financial sector, according to Bloomberg. The discussions are in early stages and details are yet to be finalized.
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