MUFG Bank's Rs 39,600 crore investment for a 20% stake in Shriram Finance is drawing investor attention, positioning it as a potential challenger to the larger Bajaj Finance. While Bajaj Finance currently leads in market capitalization, customer base, and valuation multiples, Shriram Finance's strategic investment aims to accelerate its growth. Investors are watching how this significant capital infusion will impact Shriram Finance's competitive standing against Bajaj Finance in the NBFC sector.