Business · Companies · 13 hrs ago
MUFG considers taking majority stake in India’s Shriram Finance
Japan’s MUFG is considering taking majority control of Shriram Finance in India.
The bank currently holds about 20% of the Indian financial conglomerate.
It is weighing whether to raise that stake to more than 50%.
A stake above 50% would give MUFG majority ownership.
The move would deepen the Japanese bank’s involvement in India’s financial sector.
MUFG has begun considering its options, but no decision or timetable is stated.
MUFG is considering increasing its stake in India’s Shriram Finance to more than 50%.
The bank currently holds about 20% of the Indian financial conglomerate.
The move would give MUFG a majority stake if completed.
The consideration was reported by sources cited by Japan Times.
- Who
- MUFG, Japan’s largest bank, and Shriram Finance, an Indian financial conglomerate.
- What
- MUFG is considering increasing its stake in Shriram Finance to more than 50% from about 20%.
- When
- Japan Times published the report on 2026-10-14.
- Where
- India.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- MUFG’s current stake
- About 20%
- Stake under consideration
- More than 50%
- Company
- Shriram Finance
- Country
- India