Page 2 - Shriram Finance Ltd News

Stocks to Watch today: Wipro, HDB Financial, ICICI Lombard, Tejas Networks

Stocks to Watch today: Wipro, ICICI Lombard General Insurance, HDB Financial Services, Tejas Networks, Brigade Enterprises, SAMHI Hotels, Delhivery are among the key stocks in focus today.

Fitch upgrades Shriram Finance long term foreign currency ratings to BBB-

Fitch has upgraded Shriram Finance's long-term IDR to BBB- after MUFG Bank's 20 per cent stake acquisition, citing improved capitalisation, funding access and support outlook

Shriram Finance shares rise over 3%; check what's lifting this NBFC stock

CRISIL Ratings has upgraded its long-term rating to 'CRISIL AAA/CRISIL PPMLD AAA/Stable' and removed it from watch with positive implications, while reaffirming its 'CRISIL A1+' short-term rating

MUFG Bank acquires 20% stake in Shriram Finance for Rs 39,618 crore

Japan's MUFG Bank picks 20 per cent stake in Shriram Finance in one of the largest cross-border deals, boosting capital and growth prospects

Japan's MUFG Bank acquires 20% stake in Shriram Finance for ₹39,618 cr

Japan's MUFG Bank on Wednesday acquired 20 per cent stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore. The transaction represents the largest cross-border investment in India's financial services sector. "This follows the approval by SFL's Board of Directors, at its meeting held today, of the allotment of equity shares to MUFG Bank through a preferential issue," SFL said in a statement. MUFG Bank has subscribed to 471,121,055 equity shares at an issue price of Rs 840.93 per share, with the total investment amounting to approximately Rs 39,618 crore, it said. The investment has been undertaken after obtaining all requisite regulatory and statutory approvals, including approval from the Competition Commission of India. Upon completion of the allotment, MUFG Bank will hold a 20 per cent equity stake in SFL on a fully diluted basis, it said. It further strengthens MUFG's presence in India and enables SFL to leverage MUFG's global expertise and capabilities to accelerate its long

Shriram Finance rallies 11%, leads gains among Nifty50 universe; here's why

Despite the gains, Shriram Finance shares remain 6.54 per cent below their 52-week high of ₹1,108.00 touched earlier this year on February 26, 2026

Rate sensitives gain up to 10% after RBI keeps repo rate unchanged at 5.25%

Bank, realty, auto and financial services stocks surged up to 10 per cent after the Reserve Bank of India (RBI) maintained status quo

Antique initiates coverage on Shriram Finance with 'Buy', sees 28% upside

Antique expects Shriram Finance to deliver an AUM and PAT CAGR of around 18 per cent each over FY26-28, with average RoA/RoE of around 3.7 per cent and 14 per cent, respectively

Nomura flags stress in MSME, vehicle loans as fuel shock hits NBFC sector

The brokerage assessing the impact of a prolonged conflict noted that these segments face the highest near-term risk, while housing, gold, and power loans appear relatively better insulated

MUFG's $4.4 billion investment in Shriram Finance wins CCI approval

Japanese lender to acquire 20% stake in NBFC via preferential allotment, marking one of the largest FDI deals in India's financial services sector

Market crash: Sensex dips 2400pts intraday, Nifty below 23700; key reasons

Market crash Today: India VIX, the fear gauge index, spiked more than 21 per cent to go past 24, indicating heightened nervousness among traders and investors

DEG and Citi cofinance $76 million to Shriram Finance to boost MSME

DEG and Citi have extended a $76 million co-financing facility to Shriram Finance to expand lending to MSMEs, smallholder farmers, women borrowers, and electric vehicle buyers

German DEG, Citi to provide $76 million funding to Shriram Finance

German development finance institution DEG and Citi on Thursday announced providing a USD 76-million co-financing package to Shriram Finance Ltd, aimed at accelerating economic inclusion, rural development, and climate-aligned mobility pan-India. Under this, while DEG (Deutsche Investitions- und Entwicklungsgesellschaft mbH) has provided a 40 million euro loan (around USD 46 million) and Citi has extended a Rs 260 crore loan to the NBFC, a statement said. This collaborative and innovative financing is designed to strengthen the company's outreach to priority segments that remain underserved in India's credit ecosystem, it said, adding Citi acted as a lead arranger and coordinator for this financing. This is the second such collaboration between the two co-financing partners following the successful transaction supporting CreditAccess Grameen in 2024, underscoring the institutions' shared commitment to advancing inclusive and climate-positive financing in India, the statement said.