Mitsubishi's Big Bet: $3.2 Billion for Shriram Finance Slice

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Mitsubishi's Big Bet: $3.2 Billion for Shriram Finance Slice

Mitsubishi UFJ Financial Group is eyeing a tasty 20% chunk of Shriram Finance for a jaw-dropping $3.2 billion! With Shriram's shares soaring nearly 50% this year, it's clear that foreign banks are hungry for a piece of India's financial pie. But hold your horses—details are still up in the air, and we might be in for a wait!

| Bloomberg