Core Insights - Mitsubishi UFJ Financial Group (MUFG) has formed a strategic partnership with State Bank of India (SBI) to enhance Japan-India economic ties and support the growth of companies in both countries [1][2] Group 1: MUFG Overview - MUFG has been present in India since 1894, starting with a branch in Mumbai, and currently operates through six locations [2] - The bank provides full banking services primarily for corporate clients, including deposits, loans, and foreign exchange transactions [2] Group 2: SBI Overview - SBI is the largest commercial bank in India, boasting over 23,000 branches and total assets amounting to 71.6 trillion Indian rupees (approximately $770 billion) as of December 2025 [3]