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.
3 July, 2024•2 min
0
3 July, 2024•2 min
0
More in Business
Business
Why Adani Power is betting billions to dominate coal’s twilight years
India’s largest private thermal power producer is taking a contrarian call to scale up in the face of weakening coal economics. The way power agreements are structured has a lot to do with it.
You may also like
Business
The rot at HDFC Bank’s Dubai branch goes deep
The AT1 bond misselling allegations shine a light on the lack of oversight and may end up costing India’s largest private bank dearly.
Business
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
Saudi Arabia is (further) open for business
From stocks to real estate, the largest GCC petrostate is now inviting the Gulf region to invest.