TOKYO -- Japan's MUFG Bank announced on Thursday that it will invest an additional 27.9 billion rupees ($332 million) in Indian nonbank DMI Finance, aiming to spur the company's continued growth in online loans.
Financial group builds on 2023 stake as partnership progresses
MUFG Bank previously invested 19.1 billion rupees in DMI Finance in 2023. © Reuters
TOKYO -- Japan's MUFG Bank announced on Thursday that it will invest an additional 27.9 billion rupees ($332 million) in Indian nonbank DMI Finance, aiming to spur the company's continued growth in online loans.