According to previous ET reports, Japan’s largest bank MUFG will acquire a 20% stake in The deal will value Shriram Finance at a market capitalisation of Rs 1.63 lakh crore, making it the second-largest non-banking finance company (NBFC) in India after The development comes after MUFG’s board cleared the proposal earlier this week in Tokyo, and Shriram Finance’s directors are expected to give it the go-ahead on Friday. The capital infusion will not involve any secondary sale of shares.Post-investment, MUFG ...