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.
Finance Minister Nirmala Sitharaman, at the Chintan Shibir in Hampi, stated the Vijayanagara empire's legacy inspires India's development path towards a prosperous nation by 2047.
India dismisses Bangladeshi media reports of a protest outside its High Commission in Dhaka as 'baseless'. MEA confirms normal operations and criticizes the spread of misinformation.
Finance Minister Nirmala Sitharaman led a two-day brainstorming session for the Ministry of Finance and Corporate Affairs, setting a strategic roadmap for Viksit Bharat 2047. Key officials participated.
India recorded 260 doping violations in 2024, the highest globally. Sports Ministry cites lure of govt jobs, cash awards as key reasons. Read the full report and implications.
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.
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.
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.
Finance Minister Nirmala Sitharaman states reducing debt will be a primary goal in 2026-27. Data reveals 11 states have debt-to-GSDP ratios at 35% or more this fiscal year. Get 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.
Gross NPAs in education loans from public sector banks have significantly reduced to 2%, as per the Finance Ministry. Discover the key factors behind this improvement and its impact on students.
India's Power Ministry plans wider AI use in distribution networks to cut electricity bills and reduce losses. A national conference will drive adoption. Read more.
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!
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.
India's Ministry of Tourism joins forces with Mastercard in a strategic partnership to enhance digital payments and promote the country as a premier global tourism destination. Discover the key initiatives.
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.
Finance Ministry tells Lok Sabha no PSB merger proposals are under consideration. IDBI Bank strategic sale advances to due diligence stage by shortlisted bidders. Details inside.
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.
FM Nirmala Sitharaman told Parliament LIC's investment decisions, including its ₹48,284 crore exposure to Adani Group, are independent. She denied any ministry advisory, citing strict due diligence.
India's economy enters FY26 second half with solid foundation as GST reforms boost consumption and inflation eases to 0.25%. Discover the key growth drivers.
India's finance ministry and RBI are creating a single portal to search & claim unclaimed deposits, shares, and pensions. Aims to return billions in idle funds to citizens.
Finance Ministry states rupee's 3.5% depreciation aligns with emerging markets. RBI's forex sales plummet to $44.3bn as inflation outlook turns encouraging. Full analysis inside.
India's GST rate rationalization drives consumption growth while economy maintains momentum despite global trade uncertainties. Finance Ministry reports positive outlook.
India launches secure e-passports with embedded chips. Learn eligibility criteria, application process, and benefits for faster immigration and global compliance.