MUFG Nears ₹26,000 Cr Shriram Finance Stake, Boosting India's NBFC Sector

• Japan's Mitsubishi UFJ Financial Group (MUFG) is reportedly nearing a deal to acquire a significant stake in India's Shriram Finance Ltd.
• The potential investment involves MUFG buying approximately 20% of Shriram Finance for about $3.2 billion (₹26-27 thousand crore).
• Discussions are in advanced stages, with a possible agreement this week, though final terms could still change.
• Shriram Finance is a leading NBFC specializing in commercial vehicle, tractor, and MSME financing across India.
• This potential deal underscores growing foreign investor confidence in India's financial sector, following other major Japanese investments.

Why It Matters: Japanese investment in Shriram Finance signals confidence in India's financial growth.