Shriram Finance Limited — Credit Ratings, 09-01-2026: Credit Rating

Shriram Finance's Ba1 long-term Corporate Family Rating was affirmed by Moody's Ratings. The outlook changed to Positive from Stable, reflecting MUFG Bank's planned ₹39,600 Cr strategic stake acquisition. This investment is expected to significantly strengthen SFL's capital base, improve funding diversity, and boost profitability. Asset quality is projected to remain stable.