MUFG Bank Acquires 20% Stake in Shriram Finance
Analysis based on 9 articles · First reported Apr 08, 2026 · Last updated Apr 08, 2026
The investment by Mitsubishi UFJ Financial Group===MUFG Bank in Shriram Finance is a significant positive for India's financial services sector, boosting confidence and potentially attracting further foreign investment. Shriram Finance's stock price increased, reflecting positive market sentiment for the company.
Japan's Mitsubishi UFJ Financial Group===MUFG Bank, a subsidiary of Mitsubishi UFJ Financial Group, has completed the acquisition of a 20% equity stake in Shriram Finance Ltd (SFL) for approximately Rs 39,618 crore (USD 4.4 billion). This transaction, approved by SFL's Board of Directors and the India===Competition Commission of India, represents the largest cross-border investment in India's financial services sector. Mitsubishi UFJ Financial Group===MUFG Bank subscribed to 471,121,055 equity shares at an issue price of Rs 840.93 per share. The investment strengthens MUFG's presence in India and enables Shriram Finance to leverage MUFG's global expertise, enhance its capital base, and accelerate growth in MSME and retail lending segments. Both Umesh Revankar of Shriram Finance and Junichi Hanzawa of MUFG highlighted the strategic collaboration's importance for sustainable growth and financial inclusion in India.
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