MUFG to pause talks on investing in India's HDB Financial Services

Japanese financial group had been seeking stake in HDFC Bank unit

20240912N MUFG

MUFG had planned to invest in India's HDB Financial Services. (Photo by Yuki Nakamura)

YUKI NAKAMURA, Nikkei staff writer

TOKYO -- Japan's Mitsubishi UFJ Financial Group will halt talks on acquiring shares in a nonbank financial company under India's HDFC Bank after an apparent failure to agree on the terms of a deal, Nikkei has learned.

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