Japan's MUFG, State Bank of India partner to finance projects, including M&A
Airfind news item
By Gopika Gopakumar
Published on March 11, 2026.
Japan's Mitsubishi UFJ Financial Group (MUFG) and the State Bank of India (SBI) have announced a strategic partnership to finance projects, including mergers, acquisitions and real estate financing, for Indian and global clients. The partnership will combine SBI's market leadership in India with MUFG's global network and cross-border structuring expertise. New rules, effective April 1, will allow funding acquisitions up to 20% of a bank's eligible capital base, providing Indian banks with fresh credit growth opportunities. Additionally, the partnership aims to introduce Indian mid-corporates and mid-manufacturers to Japanese corporate clients and identify financing opportunities.
Read Original Article