TOKYO -- Japan's MUFG Bank provided 30 billion rupees ($380 million) in additional capital to five branches in India on Tuesday to meet growing demand for loans.
Finance
MUFG Bank injects $380m into Indian branches to bolster lending
Japanese lender boosts capital base to meet booming business activity
MUFG Bank in August became the first Japanese lender to open a branch in a special economic zone in the Indian state of Gujarat. (Photo by Jun Watanabe)
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