M&A M&A
Mitsubishi UFJ Financial Group weighs $10-B investment in Shriram Finance
Source Mint (opens in a new tab)
Japan’s largest bank, Mitsubishi UFJ Financial Group is exploring a transaction to acquire majority control of Mumbai-based Shriram Finance . The potential deal could exceed USD 10 Billion.Founded in 1979, Shriram Finance is a non-banking financial institution that provides consumer finance services to automobiles, commercial vehicles, businesses, and gold loans through fixed deposits and recurring deposits.
Company website ↗ (opens in a new tab)
In Apr 2026, MUFG Bank completed the acquisition of 20% stake in Shriram Finance for INR 39,618 crore.For FY26, Shriram Finance had reported about INR 48,118 Cr in Operating Income and about INR 9,998 Cr in PAT.