India’s financial sector has seen a number of large deals in 2025, ‍including rare transactions involving foreign banks buying significant stakes in Indian lenders.Between January and September ​2025, mergers and acquisitions worth $8 billion had concluded across the financial ‌sector, a 127 per cent increase over the same period last year, ​according to data by Grant Thornton.Here are key facts about the major deals:MUFG - SHRIRAM FINANCEJapan’s MUFG will pick up a 20 per cent stake in Shriram Finance for ...