Japan’s MUFG is set to acquire a 20% stake in HDFC Bank’s arm HDB Financial for $2 billion
In a significant development for the Indian financial sector, Japan’s Mitsubishi UFJ Financial Group (MUFG) is poised to acquire a 20% stake in HDB Financial Services, a subsidiary of HDFC Bank, for a whopping $2 billion. This strategic investment marks a major step forward for both institutions, strengthening their presence in the Asian market. HDB […]
