MUFG to invest Rs 39,618 cr in Shriram Finance- marks India’s biggest financial FDI; shares surge 5%
On Monday, the shares of Shriram Finance closed 3.7% higher at Rs 934.80 on NSE. Shriram Finance has approved a fund raise of Rs 39,617.98 crore from Japan’s MUFG Bank through a preferential issue of ...
Shriram Finance is in focus as its board meets today to consider fund raising plans amid reports of MUFG’s possible $4 billion stake purchase. (Image: Canva ) Shriram Finance is in focus today. The ...
Japan’s largest lender MUFG Bank does not intend to increase its stake in Shriram Finance beyond 20 per cent, Shashank Joshi, deputy CEO & head-global corporate and investment banking, India, told ...
https://www.thehindubusinessline.com/money-and-banking/mufg-is-said-to-near-deal-for-stake-in-shriram-finance/article70398493.ece Copy Mitsubishi UFJ Financial Group ...
TOKYO -- Mitsubishi UFJ Financial Group (MUFG) is to invest in India's nonbank lender Shriram Finance as part of a project to capture expanding domestic demand from individuals and small and ...
Shriram Finance share price: Shares of non-banking finance company (NBFC), Shriram Finance, jumped nearly 5% to hit a fresh record high on Friday, December 19, after the company informed exchanges ...
Shares of DCM Shriram climbed up to 9% on December 11, a day after the company signed MoU with Bayer CropScience to explore opportunities in agri industry. DCM Shriram Limited and Bayer Crop Science ...
MUMBAI: MUFG Bank, a subsidiary of the Mitsubishi UFJ Financial Group (MUFG), is set to invest $4.4 billion ( ₹39,618 crore) for a 20% stake in Shriram Finance Ltd (SFL), marking one of the largest ...
TOKYO, Dec 15 (Reuters) - Japan's Mitsubishi UFJ Financial Group (8306.T), opens new tab is in final talks to acquire a 20% stake in Indian non-bank financial institution Shriram Finance (SHMF.NS), ...
MUMBAI/TOKYO, Dec 19 (Reuters) - Japan's MUFG (8306.T), opens new tab will acquire a 20% stake in Indian non-bank lender Shriram Finance Ltd (SFL) (SHMF.NS), opens new tab for $4.4 billion, the ...
Mitsubishi UFJ Financial Group is investing 396.2 billion Indian rupees ($4.4 billion) in Indian shadow lender Shriram Finance for a minority stake, becoming the latest Japanese firm expanding in a ...
Mitsubishi UFJ Financial Group is nearing a deal to buy a minority stake in India’s Shriram Finance, according to people familiar with the matter, the latest foreign bank seeking to build a presence ...
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