MUFG to Invest in Major Indian Nonbank Lender Shriram Finance
Tokyo, Dec. 19 (Jiji Press)–Mitsubishi UFJ Financial Group Inc. said Friday that it plans to invest some 396.2 billion Indian rupees, or about 682.3 billion yen, in major Indian nonbanking financial company Shriram Finance Ltd. The Japanese megabank group will acquire, through