MUFG to take 20% stake in Shriram Finance, confirming ET newsbreak

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Japan’s MUFG Bank is investing Rs 39,620 crore in Shriram Finance. This significant foreign direct investment will give MUFG a 20% equity stake. The partnership aims to boost Shriram Finance’s growth in India’s MSME and retail markets. MUFG plans to collaborate with Shriram Finance to enhance its services and reach. This move strengthens MUFG’s presence in India’s rapidly expanding economy.

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MUFG to take 20% stake in Shriram Finance, confirming ET newsbreak

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