Shriram Finance Limited — Credit Ratings, 01-01-2026: Credit Rating- Revision

CRISIL placed Shriram Finance's long-term bank facilities and debt instruments (Crisil AA+) on 'Rating Watch with Positive Implications'. This follows MUFG Bank's proposed **Rs 39,618 Cr** investment for a 20% stake, expected to significantly boost capital to over **Rs 1 lakh Cr** and improve profitability. Short-term bank facilities and commercial paper ratings (Crisil A1+) were reaffirmed, backed by market leadership (**AUM Rs 2,81,309 Cr**) and robust financials.