Non-banking financial company (NBFC)
Appears in 1 story · Last updated May 16, 2026
As of May 2026: Recipient of major foreign capital infusion; preparing for shareholder and regulatory approvals
MUFG just agreed to wire roughly $4.4 billion into Shriram Finance for a 20% stake—one of those deals that looks like 'just capital' until you read the fine print. The fine print is the story: board representation, minority-protection rights, and a separate $200 million non-compete/non-solicit payment tied to the promoter structure.
Updated May 15
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