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MUFG to invest over $4 bn for 20% stake in Shriram Finance

Financial Express Chennai

|

December 18, 2025

MITSUBISHI UFJ FINANCIAL Group (MUFG) of Japan is set to invest more than $ 4 billion for a roughly 20% stake in non-bank financial company Shriram Finance, with the deal to be closed on Friday, two people with knowledge of the matter said.

- ADITYA KALRA & MIHO URANAKA

MUFG declined to comment, while Shriram Finance did not respond to the news agency's queries.

It would be the latest in a string of overseas expansion deals by Japanese banks, which are looking for stronger growth than is available in a domestic market where the population is ageing and declining. India has become a popular destination due to its fast-growing economy.

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PRACTO TECHNOLOGIES, WHICH runs a digital health platform, is planning an initial public offering, according to people familiar with the matter, joining a wave of companies rushing to capitalise on India's buoyant market for first-time share sales.

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CENTRAL BANK SAYS IT WILL KEEP RAISING RATES IF FORECASTS MATERIALISE

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Funds for rural roads scheme see gross underutilisation

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China to allow export of rare earths for civilian use

CHINA ON FRIDAY said it will approve export of its rare-earth metals for civilian use, amid India's persistent calls for Beijing to lift curbs and resume the export of precious metals needed to manufacture a host of modern products.

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How winter pushes every car to its limits

BE IT ICE CARS OR EVS, THE SEASON CAN BE TOUGH

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Goyal to visit Brussels to push EU FTA talks

COMMERCE AND INDUSTRY Minister Piyush Goyal will visit Brussels on January 8—9 to push forward negotiations on the free trade agreement (FTA) with the European Union (EU), which have gained momentum as both sides move closer to the India-EU Summit next month.

time to read

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December 20, 2025

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'Expect a couple more REITs to come in by 2026'

While residential markets faced headwinds this year, the office sector recorded 60 million square feet of gross leasing between January and September 2025, the highest for the first nine months of any year.

time to read

2 mins

December 20, 2025

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