Credit Rating
India Ratings Revises Shriram Finance Outlook to Positive; IND AA+ Affirmed
India Ratings has revised the outlook to Positive and affirmed IND AA+ on Shriram Finance’s issuer and long‑term instruments (NCDs, subordinated debt, bank loans, fixed deposits), while IND A1+ on short‑term CP was affirmed; Ind‑Ra cites MUFG’s ~INR396bn/20% equity infusion as the key catalyst.





