Shriram Finance in spotlight as MUFG eyes $2.6-billion stake deal amid Japanese push into Indian NBFC space
Shriram Finance Ltd., one of India’s leading non-banking financial companies (NBFCs), is reportedly in advanced negotiations with Japan’s Mitsubishi UFJ Financial Group (MUFG) for a potential $2.6-billion investment. According to multiple reports, the deal would involve MUFG acquiring a 20% stake through a preferential allotment, marking one of the largest foreign direct investments in India’s…