MUFG Buys 20% Stake in Shriram Finance in Landmark Deal

Japan’s Mitsubishi UFJ Financial Group has acquired a 20% stake in

Shriram Finance for $4.4 billion (Rs 39,600 crore) via preferential allotment, marking the largest FDI in India’s financial sector. The deal strengthens Shriram Finance’s capital base and underscores rising global confidence in India’s lending ecosystem.