Moody's upgrades Shriram Finance outlook to positive, affirms Ba1 rating
Published on: Jan. 10, 2026, 9:55 a.m. | Source: scanx.trade
Moody's has upgraded Shriram Finance's outlook to positive from stable while affirming its Ba1 rating, following MUFG Bank's planned ₹4.4 billion investment for a 20% stake. The transaction, expected to close in 2026, is projected to strengthen the company's capital base, improve funding diversity, and enhance risk management. Moody's expects significant metric improvements including debt maturity coverage ratio rising above 90% from 31% and capital ratios remaining above 20% over the next four to five years.
