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MUFG Exclusive: India Expansion Amid China Economic Slowdown

Mitsubishi UFJ Financial Group Inc. (MUFG), the largest bank in Japan, is focusing on expanding its operations in India as it recognizes the growth potential offered by the South Asian nation.

New signage for MUFG Bank Ltd., the main banking unit of Mitsubishi UFJ Financial Group Inc., stands in Tokyo, Japan, on Sunday, April 1, 2018. Photo: Getty Images

In an interview, Hironori Kamezawa, CEO of MUFG, expressed confidence in India’s economic growth, stating that it is a safe bet for the bank.

This positive outlook has attracted the attention of global lenders and private equity giants who are eager to tap into India’s potential, especially considering the recent challenges faced by the Chinese economy.

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