BANKING & FINANCE
Shriram Finance Eyes Rural Push, Set To Bolster Green Financing Portfolio
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 […]
CW Bureau
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Jun 17, 2026
BANKING & FINANCE
MUFG Bank Acquires 20% Stake In Shriram Finance For ₹39,618 Cr
MUFG Bank Ltd, a consolidated subsidiary of Mitsubishi UFJ Financial Group Inc (MUFG), has made a strategic investment of ₹39,618 crore towards acquiring 20% equity stake in Shriram Finance Ltd (SFL), thus marking one of the largest cross-border investments in India’s financial services sector. Strategic investment completed MUFG Bank acquired 47.11 crore equity shares of […]
CW Bureau
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Apr 8, 2026
INFRASTRUCTURE
IRFC Raises $400 Million Yen-Linked ECB Deal, Second Loan In FY26
Indian Railway Finance Corporation (IRFC) has signed a loan agreement with a consortium comprising Sumitomo Mitsui Banking Corporation (SMBC) GIFT City Branch and MUFG Bank Ltd GIFT Branch to raise an External Commercial Borrowing (ECB) of JPY equivalent to $400 million. The agreement was signed in New Delhi by IRFC General Manager (Finance) Nav Goel […]
CW Bureau
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Feb 25, 2026