MUFG Buys 20% Stake in Shriram Finance for Rs 3,961.8 Cr
Japan's Mitsubishi UFJ Financial Group (MUFG) invests Rs 3,961.8 crore for a 20% stake in Shriram Finance. Deal to strengthen capital base and expand financial services in India.
Japan's Mitsubishi UFJ Financial Group (MUFG) invests Rs 3,961.8 crore for a 20% stake in Shriram Finance. Deal to strengthen capital base and expand financial services in India.
Japan's Mitsubishi UFJ Financial Group makes a massive Rs 39,618 crore investment for a 20% stake in Shriram Finance, marking a major FDI in India's NBFC sector. Read details.
Using a car loan EMI calculator is crucial for Indian buyers. It helps plan budgets, compare loan offers, and avoid financial strain. Learn how this tool ensures a smarter car purchase.
The Central Government has disbursed Rs 94 crore to Uttarakhand's rural local bodies for development works. This fund release is part of the 15th Finance Commission grant.
The Central Government has disbursed over ₹127 crore to Tamil Nadu's rural local bodies under the 15th Finance Commission grants. This funding aims to boost essential services and infrastructure development in villages. Read more about the allocation and
Japan's MUFG acquires a 20% stake in Shriram Finance for Rs 39,618 crore, marking the largest FDI in India's financial services sector. This strategic partnership aims to boost capital and global expertise.
Justice G Radha Rani appointed President of Telangana State Consumer Disputes Redressal Commission, becoming India's first woman to lead a state consumer panel. Read about her landmark career.
Japan's largest bank, MUFG, makes a historic Rs 39,618 crore investment for a 20% stake in Shriram Finance, marking the largest FDI in India's financial services sector. Read details.
The Indian School of Business and NBER hosted a major conference on household finance, featuring global experts and crucial insights for India's financial landscape. Discover the key findings.
Nine months after a three-way merger created India's second-largest NBFC, Shriram Finance charts a path of sustainable growth, focusing on diversification and asset quality over aggressive expansion. Read the inside story.
Japan's Mitsubishi UFJ Financial Group (MUFG) will invest ₹39,618 crore for a 20% stake in Shriram Finance, marking a major cross-border deal. Discover the strategic implications for India's NBFC sector and the growing Japan-India investment corridor.
The Election Commission has firmly denied all allegations of irregularities in the Bihar assembly elections, calling them misleading. It provided detailed clarifications on EVMs, postal ballots, and voter rolls.
Shriram Finance calls press conference on 22 December amid reports of Japan's MUFG acquiring a 20% stake for up to $5 billion. Get the latest strategic updates.
The central OBC list remains frozen since 2018, with no new inclusions or exclusions, as the government hesitates to act on the Rohini Commission report. Discover the political and legal gridlock.
Congress wins over 2,200 sarpanch seats in Telangana's final panchayat election phase. Results unlock Rs 3,000 crore in grants for village development. Read the full analysis.
Japan's Mitsubishi UFJ Financial Group plans a massive $4.5-5 billion investment for a 20% stake in Shriram Finance, marking a major foreign bet on India's NBFC sector. Details inside.
The central government has released Rs 62,685 crore to Himachal Pradesh from FY 2022-23 to 2024-25 for development, welfare, and infrastructure. Details inside.
The Union Ministry of Panchayati Raj released ₹277 crore to Jharkhand after a political dispute. State minister Deepika Pandey Singh met Union minister Lalan Singh, while BJP blamed state's mismanagement.
Compare top FD interest rates from leading NBFCs like Muthoot Capital (9.10%), Shriram Finance, and Bajaj Finance. Find the best returns for your investment tenure. Make an informed choice today!
The Lok Sabha has passed a crucial bill granting the Finance Commission statutory power to allocate funds for states' disaster management. This move aims to streamline resource distribution.
Muthoot Finance's stock surged nearly 94% in a year, fueled by soaring gold prices. However, rich valuations and rising competition now challenge future gains. Read the full analysis.
Haryana RTS Commission orders HSVP to pay ₹5,000 compensation for unjustified 5-year delay in a 2018 case. Officers to be investigated and penalised. Read the full story.
NCP's Supriya Sule demands cancellation of Maharashtra civic polls, alleging misuse of money power and bias by election bodies. Bombay High Court delays result declaration.
Bajaj Housing Finance shares tumbled 9% to a 52-week low after promoter Bajaj Finance sold a 2.35% stake worth Rs 1,890 crore. Explore the details and financial performance.
Shares of Bajaj Housing Finance tumbled over 9% after a massive block deal worth ₹1,890 crore. The move follows Bajaj Finance Ltd.'s plan to sell a stake. Read for key details and market impact.
Rajasthan's rural development faces crisis as Centre withholds Rs 3,000 crore due to delayed panchayat polls. Vital sanitation, water, and road projects stalled. Learn the full impact.
The Centre informs Lok Sabha that no special grant for Karnataka recommended by the 15th Finance Commission remains unpaid. The report had earmarked Rs 6000 crore for Bengaluru projects. Read the full details.
Hyderabad's long-delayed gram panchayat elections secure crucial ₹1,450 crore central funds before April 2026 deadline, while ₹1,550 crore remains uncertain. Learn about the financial implications for village development.
Human rights activist Jitender Singh Shunty, founder of Shaheed Bhagat Singh Sewa Dal, assumes charge at Punjab & Chandigarh Human Rights Commission. Read about his remarkable humanitarian journey.
Human rights activist Jitender Singh Shunty, founder of Shaheed Bhagat Singh Sewa Dal, assumes charge at Punjab & Chandigarh Human Rights Commission. Discover his remarkable humanitarian journey.