Shriram Finance Limited — Credit Ratings, 10-04-2026: Credit Rating- Revision
10-04-2026 | 07:26 am
10-04-2026 | 07:26 am
CRISIL Ratings upgraded Shriram Finance's long-term rating to 'Crisil AAA/Crisil PPMLD AAA/Stable' from 'Crisil AA+/Crisil PPMLD AA+', removing it from 'Watch Positive'. Short-term rating was reaffirmed 'Crisil A1+'. The upgrade stems from MUFG Bank's ₹39,618 Cr investment for a 20% stake, significantly boosting net worth past ₹1 lakh Cr and enhancing access to lower-cost funds.
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