Shriram to retain board, management control at Shriram Finance after MUFG deal

Shriram to retain board, management control at Shriram Finance after MUFG deal

The deal leverages Shriram’s unique ownership structure, which allows for potential future management control, and its superior return on assets compared to traditional banks.

The MUFG–Shriram Finance Deal explained

In today’s Finshots, we explain why MUFG, one of Japan’s largest banks, has announced to buy a 20% stake in Shriram Finance, the second largest NBFC by market capitalisation, loan portfolio and net profit.The Story2025 has quietly turned into a landmark year for foreign money entering India’s financial sector. One deal after another has landed on Dalal Street — Emirates NBD buying into RBL Bank, Warburg Pincus backing IDFC, and before that, Sumi…

MUFG Bank to acquire 20% stake in India’s Shriram Finance for $4.3bn

Japan’s Mitsubishi UFJ Financial Group’s consolidated subsidiary MUFG Bank has signed an investment agreement with India’s non-banking financial company (NBFC) Shriram Finance to subscribe to a preferential allotment of 20% equity shares in Shriram Finance. The total investment, valued at around Rs396.2bn (about $4.3bn), is subject to regulatory approval. The investment agreement was reached between MUFG Bank, Shriram Finance, and its major shar…