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.
Uttar Pradesh slashes power sector debt by 25% while India's overall liabilities surge 40%. Discover how UP's fiscal discipline defies the national trend of rising discom debt.
Uttar Pradesh slashes its power sector debt by nearly 25% over five years, standing out as other major states see sharp increases. Discover how UP achieved this financial turnaround.
A late-night fire gutted Sindhi Sweets in Chandigarh's Sector 17, causing extensive damage. No injuries reported. Fire department investigates possible short circuit. Read for details.
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.
The Lok Sabha has passed a landmark bill allowing private sector participation in India's nuclear energy sector. Union Minister Jitendra Singh hails it as a milestone for national development. Read more.
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.
Gurgaon's civic body initiates construction of two model roads in Sectors 32 and 39, featuring cycle tracks and improved drainage. Aim is to complete before next monsoon. Read details.
Power Secretary Pankaj Agarwal outlines India's dual strategy: boosting coal capacity to 307 GW by 2035 while pushing for interoperable smart meters to enhance grid efficiency and consumer choice.
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.
Bata India shares slump to ₹963.30, lowest since Nov 2018, after weak Q2 results. Stock down 40% in 16 months, facing worst annual performance in 16 years. Read analysis.
A shocking firing incident in Chandigarh's Sector 26 leaves one injured. Police swiftly arrest the main suspect. Get all the key facts and latest updates here.
Punjab's Housing Dept issues notice for land acquisition in Mohali's Sectors 87, 101, 103. GNDU starts Social Impact Assessment. Public hearings scheduled for Dec 22-23.
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.
India's industrial output growth decelerated sharply to 0.4% in October 2025 from 4% in September, as fewer working days due to festivals impacted production. Read the full sectoral breakdown.
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.