Competition Commission of India (CCI) approved Japan's Mitsubishi UFJ Financial Group (MUFG) Bank's proposal to acquire a stake in Shriram Finance on Wednesday. "Commission approves the acquisition of certain shares in Shriram Finance Limited (target) by MUFG Bank Ltd (acquirer)," CCI said. In December 2025, MUFG Bank said it would acquire 20% stake in Shriram Finance for ₹39,618 crore.