RBI nod not needed for MUFG stake buy in Shriram Finance

Shriram Finance Ltd said the Reserve Bank of India has communicated to MUFG Bank Ltd, which has proposed to buy 20 per cent stake in the company, that the central bank’s prior approval is not required for the transaction.

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In December 2025, Japan’s MUFG Bank agreed to invest Rs 39,618 crore in Shriram Finance through preferential issuance of equity shares. This investment will result in MUFG Bank acquiring a 20 per cent stake on a fully diluted basis.

Other approvals in relation to the proposed transaction are awaited and the company will provide further updates with respect to the same, as and when such approvals are received, Shriram Finance said in a stock exchange filing.

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