Business EconomyPosted at: Apr 8 2026 10:38PM


Japan's MUFG Bank completes investment in Shriram Finance in largest cross-border investment

New Delhi, Apr 8 (UNI) MUFG Bank Ltd, Japan’s largest bank and a leading global financial institution, on Wednesday completed its investment in Shriram Finance Limited (SFL) which is the largest cross-border investment in India's financial services sector, an official statement said here.
MUFG Bank has subscribed to 471,121,055 equity shares at an issue price of Rs 840.93 per share.
The total investment amounting to Rs 396.18 billion.
This investment has been undertaken after obtaining all requisite regulatory and statutory approvals including approval from the Competition Commission of India, the statement said.
As the allotment will be completed, MUFG Bank will hold 20pc equity stake in SFL on a fully diluted basis.
This transaction represents the largest cross-border investment in India's financial services sector.
Junichi Hanzawa, President and Group CEO of MUFG group said, "We are very pleased to commence our strategic collaboration with SFL. SFL is a leading financial institution in India with a strong business foundation and significant growth potential in the MSME and retail segments. This investment represents an important step that underscores MUFG’s long-term commitment to the Indian market, and we believe it will contribute to India’s sustainable economic growth and the advancement of financial inclusion"
"Going forward, we will support SFL’s sustainable growth by leveraging MUFG’s customer network and experience cultivated through partner bank management" he added.
The completion of this transaction is a way forward in strengthening long-term relationship between MUFG and SFL.
"This marks the successful culmination of a landmark transaction and the beginning of a long-term strategic collaboration with MUFG. We believe this collaboration will open new avenues for innovation, enhance access to diversified and cost-effective funding, and support the adoption of global best practices in risk management and governance. The investment significantly strengthens our capital base and positions us to accelerate growth across key business segments" said Umesh Revankar, Executive Vice President of SFL.
"As we move forward, our focus remains on delivering consistent and responsible growth while creating long-term value for all stakeholders" Revankar added.
MUFG, operating as the core subsidiary of Mitsubishi UFJ Financial Group (MUFG), is headquartered in Chiyoda, Tokyo, and has a presence in over 50 countries with a total asset base approaching $2.7 trillion.
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