Shriram Finance Limited — Important, 09-05-2026: Updates
09-05-2026 · 07:50 pm
Shriram Finance's Moody's credit rating upgraded to Baa3 (stable outlook) after MUFG Bank's INR 39,600 Cr equity infusion for a 20% stake. This significantly strengthens capital (TCE/TMA ~29%) and funding, setting the stage for improved profitability.
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