Mitsubishi UFJ Financial Group invests $334m in India's DMI Finance, raising total to $565m.

Mitsubishi UFJ Financial Group (MUFG) has invested around $334 million in Indian NBFC DMI Finance, raising its total investment to $565 million. The funds will be used to strengthen DMI Finance's balance sheet, expand business operations, and increase lending to small- and medium-sized enterprises. MUFG aims to deepen collaboration with DMI and contribute to financial inclusion in India.

August 21, 2024
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