Shriram Finance Ltd, one of the largest NBFCs in India, will continue to expand its physical and digital presence across rural and semi-urban India, while accelerating investments in green mobility financing and digital transformation, according to Chairman Jugal Kishore Mohapatra.
In his message to shareholders in the company’s Annual Report 2025-26, Mohapatra said Shriram Finance remains focused on ensuring that access to finance serves as a catalyst for livelihoods, mobility and entrepreneurship across the country.
Focus on rural and semi-urban growth
The company plans to strengthen its reach in underserved markets through a combination of branch expansion and digital initiatives, enabling greater access to financial services for individuals and small businesses.
Mohapatra said the company’s long-standing customer-centric approach continues to be supported by technology-led innovations aimed at improving operational efficiency and customer experience.
Green financing portfolio gains momentum
Shriram Finance is steadily expanding its commitment to sustainable mobility solutions through its growing green financing portfolio. The company is targeting assets under management (AUM) of more ₹5,000 crore in green financing, supporting electric commercial vehicles, electric two-wheelers and clean energy adoption beyond metropolitan markets.
According to Mohapatra, the initiative aligns with India’s broader transition towards a lower-carbon economy while creating financing opportunities in emerging mobility segments.
Landmark MUFG partnership strengthens growth plans
FY26 marked a significant milestone for Shriram Finance with the completion of a strategic investment by MUFG Bank. Mohapatra said the company’s decades of domestic execution capability have now been complemented by the global banking expertise of MUFG Bank, which has a legacy spanning nearly 147 years.
The preferential allotment of 47.11 crore equity shares to MUFG Bank at ₹840.93 per share was completed on April 8, 2026. The transaction, valued at approximately ₹39,618 crore ($4.4 billion), resulted in MUFG Bank acquiring a 20% stake in the company on a fully diluted basis. The investment ranks among the largest strategic transactions in India’s financial services sector.
Global expertise meets local strength
Mohapatra said the partnership brings together global institutional capabilities and local market understanding, creating a stronger and more future-ready financial institution.
The collaboration is expected to enhance governance standards, strengthen risk management practices and provide access to a broader global capital ecosystem.
With operations spanning 31 states and Union Territories, Shriram Finance believes the partnership will support its next phase of inclusive growth while continuing to serve millions of customers across India.
Digital transformation accelerates
During FY26, the company further advanced its digital transformation agenda by strengthening its credit architecture through AI-enabled identity verification and Account Aggregator data integration.
These initiatives helped reduce underwriting turnaround times, improve agreement execution timelines and accelerate loan disbursement processes.
Mohapatra noted that technology investments are intended to enhance, rather than replace, the company’s customer-focused approach, enabling faster and more efficient service delivery while retaining its strong human touch.
As Shriram Finance enters its next growth phase, the company plans to leverage its expanded capital base, digital capabilities and strategic partnerships to deepen financial inclusion and support emerging opportunities in sustainable mobility and rural development.