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MUFG Bank buys 20% of Shriram Finance for $4.8 billion.
Japan's MUFG Bank acquired a 20% stake in India's Shriram Finance Ltd for approximately ₹39,618 crore, marking the largest cross-border financial deal in India.
The transaction, which received regulatory approval, strengthens SFL's capital base and enhances its access to global risk management practices.
MUFG views India as a strategic priority, aiming to expand its international footprint while supporting SFL's growth in retail and MSME lending.
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MUFG Bank compra el 20% de Finanzas Shriram por $ 4.8 mil millones.