Financial creditors of Srei group non bank finance companies — Srei Infrastructure Finance (SIFL) and Srei Equipment Finance (SEFL) — could go forward with a joint insolvency proposal with...
Financial creditors of two non-bank finance companies of the Srei group — Srei Infrastructure Finance (SIFL) and Srei Equipment Finance (SEFL) — may evaluate the prospect of a consolidated...
For Hemant Kanoria, the founder of Calcutta-based non-bank finance companies — Srei Infrastructure Finance and Srei Equipment Finance — retirement has come a year early. Kanoria, who...
The administrator of two Srei group companies has apprised the committee of creditors on Tuesday about the status of the firms’ corporate insolvency resolution process.
Last month, the Reserve ...
The Bombay high court on Thursday dismissed a petition filed by a Srei entity challenging the Reserve Bank of India’s decision to supersede the board of two group companies — Srei Infrastr...
The Srei group’s decision to proactively move to NCLT in a bid to recast debt and repay creditors in retrospect could have irked the bankers and prompted the Reserve Bank of India to trigger its...
The Reserve Bank of India has ordered the supersession of the board of directors of Srei Infrastructure Finance (SIFL) and Srei Equipment Finance (SEFL) — the two non-banking finance entities of...