Shriram Finance: No Banking License Plans Post MUFG Deal
Shriram Finance clarifies it will not seek a banking license despite MUFG's $4.4 billion investment for a 20% stake. Management prefers to grow as an NBFC, retaining control.
Shriram Finance clarifies it will not seek a banking license despite MUFG's $4.4 billion investment for a 20% stake. Management prefers to grow as an NBFC, retaining control.
Japan's MUFG Bank acquires a 20% stake in Shriram Finance for $4.4 billion, marking one of the largest cross-border deals this year. Shriram Group retains board and management control. Explore the details and implications for India's NBFC sector.
Small-cap NBFC TCI Finance's stock skyrockets 74% in four sessions, hitting upper circuits. The company cites no material news, while analysts point to technical factors. Discover the details behind this 2025 turnaround story.
Japan's MUFG Bank invests ₹39,564 crore for a 20% stake in Shriram Finance, eyeing future management control and capitalizing on the NBFC's strong RoA. Read the full analysis.
Japan's largest bank, MUFG, makes a historic Rs 39,618 crore investment for a 20% stake in Shriram Finance, marking the largest FDI in India's financial services sector. Read details.
Japan's MUFG Bank invests Rs 39,618 crore for a 20% stake in Shriram Finance, marking a major FDI in India's NBFC sector. Deal awaits shareholder, regulatory nods.
Nine months after a three-way merger created India's second-largest NBFC, Shriram Finance charts a path of sustainable growth, focusing on diversification and asset quality over aggressive expansion. Read the inside story.
Japan's Mitsubishi UFJ Financial Group (MUFG) will invest ₹39,618 crore for a 20% stake in Shriram Finance, marking a major cross-border deal. Discover the strategic implications for India's NBFC sector and the growing Japan-India investment corridor.
Shriram Finance calls press conference on 22 December amid reports of Japan's MUFG acquiring a 20% stake for up to $5 billion. Get the latest strategic updates.
Experts predict a fundamental shift in co-lending partnerships between banks, NBFCs, and fintechs. Speed, transparency, and trust will define winning models as regulations tighten and customer expectations evolve. Read more.
Sebi raises HVDLE threshold to ₹5,000 crore, easing compliance for NBFCs, HFCs & others. Move aims to boost corporate bond market & ease of doing business. Details inside.
Could locking non-essential smartphone features for missed payments reduce loan defaults and expand credit access in India? Experts explore 'digital collateral' as a tool for financial inclusion.
Japan's Mitsubishi UFJ Financial Group plans a massive $4.5-5 billion investment for a 20% stake in Shriram Finance, marking a major foreign bet on India's NBFC sector. Details inside.
India's Q2 GDP growth at 8.2% and robust credit offtake challenge calls for rate cuts. Expert analysis on why RBI should maintain current policy stance. Read more.
Compare top FD interest rates from leading NBFCs like Muthoot Capital (9.10%), Shriram Finance, and Bajaj Finance. Find the best returns for your investment tenure. Make an informed choice today!
B2B giant Udaan is in early talks to sell a minority stake in its NBFC, Hiveloop Capital, as part of a restructuring drive to cut costs and boost cash reserves ahead of a potential 2025 IPO. Read the full story.
Muthoot Finance's stock surged nearly 94% in a year, fueled by soaring gold prices. However, rich valuations and rising competition now challenge future gains. Read the full analysis.
Karnataka CM Siddaramaiah and Deputy CM DK Shivakumar held a crucial breakfast meeting, showcasing Congress unity ahead of Lok Sabha polls. Details inside.
BJP central leadership finalizes name for UP state president after considering nine candidates. Key meeting with RSS, CM Yogi Adityanath held in Lucknow. Announcement likely this month.
Key RSS-BJP coordination meetings in Lucknow centered on Sangh's five pledges for its centenary year and departmental feedback. Details on attendees and discussions inside.
Nifty 50 surges to a new lifetime high, marking its third consecutive monthly gain in November. Driven by robust GDP growth and a shift in global investor focus, the rally is led by Auto and NBFC stocks. Discover the key drivers and outlook.
Paisalo Digital's promoter group raises stake from 26% in FY19 to 41.75% currently, demonstrating strong faith in the NBFC's business model and growth prospects. Discover what this means for investors.
The RBI has consolidated over 9,400 circulars into 244 master directions to simplify compliance for banks and financial institutions. Discover how this move cuts costs and eases regulatory access.
Equirus Group appoints Manishkumar Jain as CEO of its new RBI-approved NBFC, Equirus Finance. Jain to lead expansion focusing on HNIs and family offices with bespoke funding solutions.
Pro Fin Capital Services shares hit 5% upper circuit for 6th session amid acquisition interest. The NBFC penny stock has gained 46% in a week and 150% year-to-date. Read full analysis.
18-year-old deaf-mute Khushi Gupta traveled alone from Kanpur to Lucknow to meet CM Yogi Adityanath. Her determination earned her educational support and a brighter future. Read her inspiring story.
Crisil Ratings forecasts 18% growth for NBFCs despite selective lending. Assets to hit ₹50 lakh crore by FY27. Learn how different loan segments are performing.
Delhi Police uncovers major cybercrime syndicate that duped Facebook users through fake investment schemes. Four arrested for laundering crores via 33 bank accounts for Dubai-based handler.
Moez Mamdani scheduled for White House meeting with Donald Trump to address America's affordability crisis. Key discussions on economic relief and policy solutions.
Sammaan Capital shares surged 4% after the Supreme Court clarified it made no negative observations. The company addressed investor concerns over a 2019 PIL, stating all loans are repaid and no investigations are pending.