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MUFG expands into India


17 September 2025 India
Reporter: Hansa Tote

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Image: J_News_photo/stock.adobe.com
Mitsubishi UFJ Financial Group (MUFG) has launched a new entity, MUFG Securities (India) Private in Mumbai.

This expansion marks a significant milestone in MUFG’s commitment to India and its role as another key growth engine in APAC.

By establishing an onshore securities platform based in Mumbai, it will complement MUFG’s established position in offshore capital markets, strengthening its ability to deliver comprehensive, end-to-end financing solutions for their premier clients.

Commenting on the expansion, Makoto Kobayashi, president and global CEO at Mitsubishi UFJ Securities Holdings, and president and CEO of Mitsubishi UFJ Morgan Stanley Securities, states: “India is a country full of energy, innovation, and opportunity.

“We believe that our capital market specialists will complement the banking team to further understand local needs and build stronger and more lasting relationships than ever.”

Rajesh Kapadia, international head of capital markets, adds: “India is a focus market for MUFG and with the establishment of MUS(INDIA), we will deliver currency and product agnostic capital markets financing solutions to our clients.

“Going forward, MUS(INDIA) will be a key growth driver for our business in the region and reinforce MUFG’s leadership in fund raising across the client and credit spectrum.”

Discussing the growth further, Ruth Ferris, head of secured financing in Asia at MUFG, says that the move "strengthens Japan-India financial ties, potentially unlocking more M&A opportunities, sustainable financing, and tech-driven solutions amid rapid digital transformation”.
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