RBI's prior approval not needed for Japan's MUFG to acquire 20% stake in Shriram Finance
The RBI has allowed MUFG to invest in Shriram Finance's 20% stake sale without prior permission. This deal marks a significant FDI and has garnered shareholder approval, although it faces scrutiny from some proxy advisers regarding specific proposals.
The RBI has allowed MUFG to invest in Shriram Finance's 20% stake sale without prior permission. This deal marks a significant FDI and has garnered shareholder approval, although it faces scrutiny from some proxy advisers regarding specific proposals.
What's Your Reaction?
Economist Admin
Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.
