Japan's MUFG Bank, Mizuho draw up big expansion plans for India

Japan's MUFG Bank, Mizuho draw up big expansion plans for India

New signage for MUFG Bank Ltd., the main banking unit of Mitsubishi UFJ Financial Group Inc., is displayed in front of the bank's headquarters in Tokyo, Japan, on Sunday, April 1, 2018. Photographer: Akio Kon/Bloomberg

Japan’s MUFG Bank and Mizuho Financial Group intend to significantly expand their workforces in India this fiscal year, taking advantage of the country’s extensive pool of educated, English-speaking workers to shift more administrative and information technology operations there.