Japan’s MUFG to invest $4.45 billion on Shriram Finance in biggest FDI in Indian financial servicesMitsubishi UFJ Financial Group is set to invest $4.45 billion for a 20% stake in Shriram Finance, marking the largest FDI in India's financ...
19 Dec, 2025, 05.42 AM IST
Shriram Finance refutes MUFG 20% stake reportsShriram Finance denied reports that MUFG plans to acquire a 20% stake for $2.6 billion, calling them “rumour and speculation,” and said the...
01 Oct, 2025, 09.07 PM IST
Super apps way forward for big Indian shadow banks, says Shriram City Union Finance“Three months from now, the super app should be ready, offering every financial product that a customer needs,” YS Chakravarti, CEO of the ...
03 Jan, 2022, 12.36 PM IST
Shriram Capital brings on board Bajaj Finance's Ajay John as chief digital officerThe Shriram Group has been championing tech-driven innovation. Shriram City Union Finance recently launched AI-enabled loan offering for tw...
11 Nov, 2021, 04.16 PM IST
Vans Skilling & Advisory lands new funds from marquee investorsThese funds will be utilised for technology upgradation as well as for expansion in the international markets.
04 Feb, 2021, 12.22 PM IST
Sensex jumps 80 points, Nifty tops 12,200; Coffee Day jumps 5%In the Sensex pack, Asian Paints was the biggest gainer, up 1.07 per cent at Rs 1794.25.
24 Jan, 2020, 10.04 AM IST
A Piramal bet that didn’t work out: Only 6.5% CAGR in 6 yearsOn an absolute basis, the company made 40 per cent returns.
18 Jun, 2019, 08.57 AM IST
Corp FDs back in flavour, here’s how to buy the bestNBFCs have raised rates on their deposits by 25-50 basis points (bps) over the last fortnight
30 Oct, 2018, 10.05 AM IST
Shriram Group says interested in securing small bank licenceThe Reserve Bank of India, however, gave in-principle approval only to infrastructure financing firm IDFC and micro-lender Bandhan.
04 Sep, 2014, 07.38 PM IST
Shriram Group says interested in securing small bank licenceChennai-based Shriram Group, which failed to secure a banking licence in the recent round of licencing, has not given up hope.
04 Sep, 2014, 05.00 PM IST
Financial cos like L&T, Bajaj, M&M lead the race for bank licenceNBFCs promoted by large industrial houses are seen as clear front-runners to get new banking licences, says JP Morgan report.
28 Feb, 2013, 06.40 AM IST
- Market picks up possible bank licence winners
Shares of NBFCs like Religare, L&T Finance, SREI & Bajaj Finserve gained between 3% and 9% while Indiabulls, India Infoline and Shriram Cit...
26 Feb, 2013, 06.57 AM IST
- NBFCs diversify business to qualify for banking licence
“NBFCs with a balance-sheet size of Rs 20,000 crore would be aspiring to become banks,” said Ashwin Parekh.
04 Jan, 2013, 11.07 AM IST
Banking Amendment Bill another reform feather in UPA’s capThe UPA government tasted more legislative success, with the Lok Sabha passing the Banking Laws (Amendment) Bill, 2011, paving the way for ...
23 Dec, 2012, 01.23 PM IST
Shriram City Union Finance being readied for bank entryContrary to expectations, Shriram Transport Finance Company will not be the vehicle for the Shriram Group’s planned entry into the banking ...
09 Nov, 2012, 11.13 AM IST
- Corporates take expert help to clear bank licence test
Industrial groups said they have set up panels to review the eligibility criteria and chart out strategies that will stand the scrutiny of ...
01 Sep, 2011, 02.56 AM IST
RBI may have to tighten banking licence normsThe Reserve Bank of India may have to revisit the present norms on new banking licence, or even tighten them.
02 Mar, 2010, 12.00 AM IST