Shriram Finance Limited — Credit Ratings, 14-04-2026: Credit Rating- Revision

Fitch Ratings has upgraded Shriram Finance's Long-Term and senior secured credit ratings to 'BBB-' from 'BB+', and Short-Term IDR to 'F3' from 'B'. The outlook is Stable, with ratings removed from Rating Watch Positive. This upgrade follows MUFG's strategic 20% equity investment of INR 39,600 Cr, strengthening SFL's credit profile and market access.