India’s financial services industry is seeing record inflows of foreign direct investment

On December 19, Shriram Finance, India’s second-largest NBFC, said it has entered into a definitive agreement with Japan’s largest lender MUFG Bank, under which the latter will acquire a 20 percent stake in the NBFC for ₹39,618 crore | Photo credit: iStockphoto India’s financial services industry, including banks and non-banking finance companies (NBFCs), has seen […]