The financial sector in India has seen deals worth more than $11 billion in the ongoing fiscal year, so far, with Japan’s Mitsubishi UFJ Financial Group (MUFG) announcing 20% stake in Shriram Finance for ₹39,620 crore on Friday, December 19. Prior to this, the investment by a Blackstone affiliate in Federal Bank was the latest deal in the financial sector. It followed a slew of large deals that have occurred in the financial space in India. Here’s a round-up of all these transactions:
