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Japanese Banks Reshape India’s Finance Sector
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Japanese Banks Reshape India’s Finance Sector
Japanese banks are quietly reshaping India’s financial landscape through multi-billion dollar investments in non-bank lenders, a move that underscores Tokyo’s expanding role as a critical source of capital for New Delhi’s credit-starved corporate sector. Mitsubishi UFJ Financial Group’s $4.4 billion purchase of a 20% stake in Shriram Finance late last year—India’s largest-ever foreign financial… Source
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