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MUFG nears deal to buy stake in India’s Shriram Finance, expanding its Asian footprint.
Japanese bank MUFG is reportedly close to finalizing a deal to acquire a stake in India's Shriram Finance, marking a significant move in its expansion into the Indian financial services market.
The potential investment underscores MUFG's growing interest in emerging markets and its strategy to strengthen its presence in Asia.
Details including the size of the stake and financial terms remain undisclosed, but the deal, if completed, would represent a major step in cross-border banking collaboration.
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MUFG está cerca de un acuerdo para comprar una participación en Shriram Finance de la India, ampliando su presencia en Asia.