News for 'ufj'

$6-Billion Foreign Bet on India's Private Banks

Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.

Japanese merger creates world's largest bank

SBI initiates fund-raising for Tata Motors

Apart from SBI, the consortium will include leading entities like Citibank, Standard Chartered, BNP Paribas, JP Morgan, Tokyo Mitsubishi UFJ and Mizuho Financial Group, a source closely connected to the development told PTI. The country's largest lender is also in talks with two-three public sector banks to be a part of the consortium, the source said. The company reported a loss of $12.7 billion for the fiscal ended December 30, 2006.

Three AMC majors make India debut

Three top global asset management and investment banks - American International Group, JP Morgan Asset Management and Japan's Mitsubishi UFJ Securities today announced their India strategy, vying for a place in the second fastest growing economy in t

After years of decline, Japan's back!

Why Japan is betting big on Indian pharma cos

One reason Japan is betting highly on Indian pharma is that these companies have strong cash flows, low leverage and high debt capacity for medium to large sized acquisitions.

Nissan to acquire 34% stake in Mitsubishi for over $2 billion

The alliance will extend an existing partnership between the two.

RJio ties up with lenders for $1.5 billion loan

Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans.

Why foreign banks are going slow on India

Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.

Asian shares tumble, yen soars to seven-week high

Expectations of continued stimulus withdrawal by the US Federal Reserve added to the market's gloom.