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Mitsubishi UFJ Financial Group aims to expand in India, targeting a 20% return on investments within a decade.
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank, is pursuing acquisitions in India to enhance its presence and seeks a 20% annual return on investments within a decade.
MUFG is attracted to India’s growth in manufacturing and energy sectors, including renewables.
The bank already leads in foreign currency loans in India and plans to expand its digital services by investing in Asian fintech companies.
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Mitsubishi UFJ Financial Group pretende expandirse en la India, apuntando a un rendimiento del 20% de las inversiones dentro de una década.