TOKYO -- Japan's MUFG Bank and Mizuho Financial Group intend to significantly expand their workforces in India this fiscal year, taking advantage of the country's extensive pool of educated, English-speaking workers to shift more administrative and information technology operations there.
Finance
MUFG Bank, Mizuho plan big expansion in India for back-office ops
Japan's top banks accelerate move out of U.S. and Europe as costs surge
MUFG Bank plans to employ around 2,000 people at its Indian unit in three years. (Photo courtesy of MUFG)
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