Shriram Finance Soars: CARE Elevates Credit Rating to Prestigious AAA

• CARE Ratings upgraded Shriram Finance's long-term credit rating to "CARE AAA; Stable" from "CARE AA+; Stable".
• The upgrade applies to non-convertible debentures and subordinated debt, reflecting top-tier credit quality.
• CARE also reaffirmed the "CARE A1+" rating for its commercial paper programme, indicating the highest short-term credit quality.
• The ratings review was based on the company's operational and financial performance for FY25 and the first half of FY26.
• This upgrade follows a significant stock rally and MUFG Bank's recent ₹39,600 crore ($4.4 billion) stake acquisition.

Why It Matters: Shriram Finance secures top-tier AAA credit rating from CARE, reflecting strong financial health and growth.