Shriram Finance: Strong Ratings and Strategic Investment Fuel Growth

Shriram Finance Limited's Fixed Deposit Programme received high ratings from CARE Ratings and CRISIL, highlighting its robust credit profile and financial strength. The firm gains further support through MUFG's strategic investment, showcasing global confidence in its business model and future growth. SFL remains committed to supporting its investors and customers.

Shriram Finance Limited has fortified its market position with commendable ratings for its Fixed Deposit Programme, receiving a 'CARE AAA; Stable' from CARE Ratings and a 'CRISIL AA+/Watch Positive' from CRISIL. These ratings affirm the company's robust credit profile and financial resilience, indicating a high degree of safety for its obligations.

Further bolstering its growth prospects, Shriram Finance has announced a strategic investment proposal from MUFG, one of the world's leading financial institutions. This move underscores international confidence in Shriram Finance's governance and long-term growth strategies, providing enhanced financial flexibility and extended access to global funding.

Executive Vice Chairman Umesh Revankar remarked that the affirmation of ratings reflects the trust Shriram Finance has built with its investors over time, emphasizing their commitment to offering stability and confidence. With significant presence across various financial sectors, the company remains well-positioned to pursue its growth ambitions while maintaining a solid credit standing.

(With inputs from agencies.)