Shriram Finance inks pact with Japan’s MUFG Bank for investment of Rs 39,618 crore; MUFG to acquire 20% stake

Shriram Finance Limited (SFL) has entered into a definitive agreement with MUFG Bank Ltd., Japan’s largest bank and a part of Mitsubishi UFJ Financial Group (MUFG), for an investment of Rs 39,618 crore, the company informed stock exchanges in a regulatory filing on Friday.