AUTO
Truck Rentals Rise In June As Fuel Costs Offset Weak Freight Demand
Truck rentals across key long-haul routes remained elevated in June as higher automotive fuel prices offset subdued freight demand, according to the latest market update from Shriram Finance. The report said rentals registered moderate month-on-month increases on several major corridors despite lower fleet utilisation, while freight movement remained constrained as monsoon activity gathered pace. Truck […]
CW Bureau
·
Jul 7, 2026
AUTO
VinFast Partners Shriram Finance To Bolster Electric Vehicle Financing
VinFast India, the Indian subsidiary of global electric vehicle manufacturer VinFast, has signed a strategic memorandum of understanding (MoU) with Shriram Finance Ltd (SFL), one of India’s largest retail-focused non-banking financial companies (NBFCs), to enhance access to vehicle financing and support the wider adoption of electric mobility in the country. Financing support for EV buyers […]
CW Bureau
·
Jun 23, 2026
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
AUTO
Raptee.HV Partners With IDFC FIRST Bank To Further Expand EV Funding
Electric motorcycle manufacturer Raptee.HV has partnered with IDFC FIRST Bank to make electric motorcycle ownership more accessible through enhanced financing solutions for customers across India. The collaboration aims to address one of the key challenges in electric vehicle adoption – affordable financing – by offering attractive loan terms, faster approvals, flexible repayment options and a […]
CW Bureau
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Jun 17, 2026
AUTO
Truck Rentals Stay Wobbly As Fleet Operators Struggle To Pass On Costs
India’s trucking industry remained under pressure in May 2026 despite strong growth in vehicle sales, rising fuel consumption and higher toll collections, highlighting a divergence between freight market conditions and broader mobility trends. According to the latest Shriram Mobility Bulletin, truck rentals remained wobbly during the month as fleet operators grappled with higher fuel costs, […]
CW Bureau
·
Jun 4, 2026
BANKING & FINANCE
Shriram Finance’s AAA Leap Signals New Regime For Its Deposit Business
Shriram Finance Executive Vice Chairman Umesh Revankar has said Shriram Unnati Fixed Deposits have secured AAA ratings from all leading credit rating agencies, positioning the programme among the safest fixed deposit offerings in the country. The ratings upgrade comes even as the company effected a marginal reduction in interest rates on Shriram Unnati Deposits from […]
CW Bureau
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May 7, 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
·
Apr 8, 2026
