MUFG’s talks with HDFC Bank hit a roadblock

The Japanese lender is having trouble coming to an agreement with HDFC Bank over a 20% stake in its consumer lending unit, HDB Financial Services.

03 July, 20242 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

HDFC Bank charged with ripping off NRI depositors. Now it is set to pay

Allegations of misselling risky AT1 bonds to retail investors come as a new headache for India’s largest private bank. The regulatory backlash could leave a $100 million hole in its books.

Business
Story image

Saudi Arabia is (further) open for business

From stocks to real estate, the largest GCC petrostate is now inviting the Gulf region to invest.

Chaos
Story image

How HDFC Ergo and Zopper scored an own goal with a harebrained scheme

The promise of a full refund on an Apple Watch for those walking 15,000 steps a day has turned into an unmitigated PR disaster for both companies after they failed to keep their word, citing vague and arbitrary reasons.