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State Bank of India (SBI) acquires MUFG Bank (2026)
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acquisitionAnnounced · Mar 11, 2026BankingSource · CredibleArticle · Factual
MUFG Bank
State Bank of India (SBI)
MUFG Bank · State Bank of India (SBI)

State Bank of India (SBI) acquires MUFG Bank

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
Target
MUFG Bank
MUFG Bank
London, Greater London
Acquirer
State Bank of India (SBI)
State Bank of India (SBI)
Financial Stake
Status
Pending

State Bank of India (SBI) agreed to acquire MUFG Bank. Reported deal value: Undisclosed. Status: Pending. Sector: Banking. Target headquarters context: London, Greater London, United Kingdom.

This page summarizes publicly available information about the transaction as of 2026-03-11. Figures and status may change as filings and press coverage update.

Photo: Bloomberg AI Quick Read Mumbai: State Bank of India has entered into a strategic partnership with MUFG Bank to collaborate on financing mergers and acquisitions , aviation and real estate projects to support India n and global clients, the lenders said in a joint statement on Wednesday

Deal timeline

Announced
Mar 11, 2026 · livemint.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Banking. Figures and status may change as sources update.

Sources: livemint.com · Primary article · FireStrike proprietary index