MUFG Eyes Acquisition Deals to Drive Growth & Boost Presence in India
MUFGMUFG(MUFG) ZACKS·2024-11-12 01:51

Mitsubishi UFJ Financial Group, Inc. (MUFG) is optimistic regarding the growth potential of India and is seeking acquisition opportunities to strengthen its presence in the world's most populous country. According to Yasushi Itagaki, head of Mitsubishi UFJ’s global commercial banking business, MUFG’s goal is to increase its investments and acquisitions in India and boost its annual returns from them to 20% over the next 10 years.MUFG’s Strategic Expansion in AsiaItagaki is leading MUFG’s growth strategy in ...