Published on 19/12/2025 12:27 PM
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: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:Shriram Finance | Japan's Mitsubishi UFJ Financial Group (MUFG) announcing 20% stake in Shriram Finance for ₹39,620 crore ($4.4 billion) on Friday, December 19. Shriram Finance will be issuing shares to MUFG at a price of ₹840.93 per share, which is a small discount to the stock's closing price on Thursday. MUFG and Shriram Finance have agreed to a strategic partnership, under which, MUFG will nominate two directors to the board of Shriram Finance.Federal Bank | In October 2025, the lender announced that it will issue convertible warrants to an affiliate of Blackstone for up to 9.99% stake for ₹6,196 crore. The board has given its nod for the issue of 27.29 crore warrants, each of them holding a right to subscribe to one fully-paid up equity share of the lender at ₹227 apiece.RBL Bank | This was the largest investment in the financial services sector in India, before the Shriram-MUFG deal. In October, Emirates-NBD announced the investment of ₹26,853 crore (nearly $3 billion) in the lender for up to 60% stake. This will be inclusive of a mandatory open offer.Yes Bank | Sumitomo Mitsui Banking Corporation (SMBC) of Japan, in May this year, said it will acquire up to 20% stake in Yes Bank, from a consortium of lenders who had rescued it from a liquidity crisis in 2020. Later, it inked another definitive agreement to acquire 4.2% additional stake in the firm, which will take its shareholding to 24.2% for an investment of nearly ₹15,000 crore.Sammaan Capital | In October, Sammaan Capital said Abu Dhabi-based International Holding Company would be investing $1 billion or around ₹8,850 crore in the firm, formerly known as Indiabulls Housing Finance. The same would be via a preferential allotment of shares and warrants for a stake of up to 41%. This also triggers a mandatory open offer for a further 26% stake.IDFC First Bank | Earlier this year, the lender said it raised ₹7,500 crore via issuing compulsorily convertible preference shares (CCPS) to Warburg Pincus' unit Currant Sea Investments BV. It also raised an additional ₹2,624 crore from the Abu Dhabi Investment Authority. Cumulatively, there was a 10% stake dilution for this transaction.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.