business mufg is back at hdb table with 12 000 crore cheque

Mufg Is Back At Hdb Table, With ?12,000 Crore Cheque

15hrs 35mins   👁 5

Mitsubishi UFJ Financial Group is in advanced discussions to acquire a minority stake, up to 19%, in HDFC Bank's non-banking financial arm, HDB Financial Services, for approximately 12,000 crore. This potential deal, the second attempt by both parties, aims to address investor concerns regarding RBI regulations impacting NBFCs and HDB's financial performance.