Mitsubishi UFJ's (MUFG) negotiation for a minority stake in the HDFC's consumer lending unit, HDB Financials, is delayed. The company is considering sweetening its offer to crack the deal.
Mitsubishi UFJ (MUFG) is set to benefit from its efforts to grow inorganically. However, lower NII is likely to put pressure on the company's top line in the upcoming months.
Mitsubishi UFJ (MUFG) and MUFG bank sign an investment agreement for $195 million in Ascend Money. This is set to solidify MUFG's presence in the APAC region.