MUFG Acquisition of 20% Stake in HDB Financial Services: Boost for Indian Financial Sector
MUFG to Acquire 20% Stake in HDB Financial Services, Valuing at $9-10 Billion Pre-IPO In a significant move, Mitsubishi UFJ Financial Group (MUFG) has announced its plans to acquire a 20% stake in HDB Financial Services, a subsidiary of HDFC Bank. This strategic investment is set to value HDB Financial Services at approximately $9-10 billion…
