Moody’s affirms Shriram Finance’s Ba1 rating, outlook revised to positive after MUFG Bank investment
Moody’s Ratings has affirmed the Ba1 long-term corporate family rating (CFR) of Shriram Finance Limited (SFL) and revised its outlook to positive from stable. The rating action follows SFL’s announcement of a planned strategic investment by MUFG Bank. According to Moody’s, the outlook revision reflects expectations that SFL’s business and financial profile will strengthen over