Shriram Finance Ltd. is the target of a potential plan by Mitsubishi UFJ Financial Group Inc. to raise its stake to more than 50% from about 20% through an additional investment of more than $10 billion, a move that remains at an early stage with no firm timeline.

Shriram Finance Limited shares rose 7% to Rs990 on value buying after a 10% fall in the past month, as Motilal Oswal Financial Services reiterated its Buy rating with a Rs1,220 target premised on 2.2x FY28E BVPS, citing resilient asset quality, diversification into new-vehicle, MSME and gold loans, and an estimated 18% AUM CAGR over FY26-28.

Japan's MUFG Bank acquired a 20% stake in Shriram Finance Limited for Rs 39,618 crore (about $4.4 billion) in April, representing the largest cross-border investment in India's financial services sector and a key driver of Japan's $5.71 billion FDI inflows in Q1 FY27.

Shriram Finance Limited has increased interest rates on fixed deposits of 12 months to 60 months effective October 11, 2026, with the top rate rising to 7.85% for 36-60 months from 7.50%. Shriram Finance Limited will continue extra benefits of 0.50 percentage point for senior citizens aged 60 and above, 0.05 percentage point for women depositors, and 0.15 percentage point for renewal of matured deposits.

Shriram Finance Limited, the lending arm of Shriram Group, reported revenue of nearly Rs 50,000 crore in 2025-26 as the group plans a major push into mutual funds, brokerage and wealth. Shriram Capital, the group parent, largely depends on Shriram Finance for dividend income, which contributed 86.07% of its total income last fiscal year, according to CareEdge Ratings.