Japan’s MUFG Bank has completed a substantial investment in Shriram Finance, acquiring a 20% stake for ₹39,618 crore (approximately $4.8 billion USD) through the subscription of 471.1 million equity shares at ₹840.93 per share. This transaction, one of the largest cross-border deals in India's financial services sector, closed with all necessary regulatory approvals, including from the Competition Commission of India. Following the investment, shares of Shriram Finance rose by 9.9%, closing at ₹1,023.55. The deal is poised to bolster Shriram Finance’s capital base, enabling growth in key segments such as micro, small, and medium enterprises (MSME) and retail lending. Umesh Revankar, executive vice chairman of Shriram Finance, emphasized that this marks the start of a long-term strategic collaboration aimed at enhancing funding access and driving innovation. Junichi Hanzawa, president and CEO of MUFG, highlighted the investment's role in supporting India’s sustainable economic growth and enhancing financial inclusion.