srei infrastructure finance

Bidders for the bankrupt Srei group companies refused to make the earnest money deposit (EMD) of ₹150 crore on Wednesday - which was the last day for submitting a resolution plan - due to a dispute with the administrator over unusual…

Three bidders have submitted their bids for takeover of Srei group companies under the Insolvency and Bankruptcy Code (IBC) resolution process, according to sources. The Reserve Bank of India had in October last year superseded the…

Lenders to the defaulted Srei Group companies -- and Srei Equipment Finance -- are considering selling the sticky loan assets to the asset reconstruction companies to fasttrack recovery as they do not expect any quick resolution of the…

Srei group lenders have extended the deadline for potential lenders to submit resolution plans after they sought more time to understand the findings of an avoidance transaction audit and their impact, according to the note circulated by…

The government-promoted National Asset Reconstruction Company (NARCL) has offered to acquire 17 distressed companies, including five Future group companies and two Srei accounts, from lenders, two people aware of the development said.…

is seeking buyers for its ₹3,600-crore distressed loan portfolio, including advances given to the twin Srei Group companies in administration currently, two people aware of the development told ET. The bank has shared a list of 65 such…