The proposed INR 39,618 crore preferential equity issuance would give MUFG Bank a 20 percent holding in Shriram Finance, subject to shareholder and regulatory approvals. A significant change in the ownership structure of one of India’s largest retail lenders is taking shape as Shriram Finance Limited moves to bring a global banking institution onto its … Continue reading A Quiet Reordering of Shareholding Is Underway at Shriram Finance With MUFG Bank