CCI approves SREI Infra Finance's acquisition by NARCL, IDRCL
New Delhi: The Competition Commission of India (CCI) announced on Thursday that it has given the green light for National Asset Reconstruction Company Ltd (NARCL) and India Debt Resolution Company Ltd (IDRCL) to acquire SREI Infrastructure Finance.
NARCL wins bids for two Srei companies undergoing insolvency
Mumbai/IBNS: National Asset Reconstruction Company Ltd (NARCL) has won the bid for Srei group's two companies—Srei Infrastructure Finance Ltd and Srei Equipment Finance Ltd, media reports said.
RBI moves NCLT to start insolvency proceedings against SREI group firms
Kolkata/IBNS: The Reserve Bank of India (RBI) has petitioned the National Company Law Tribunal (NCLT) to start insolvency proceedings against SREI group firms, media reports said quoting sources.
Srei to continue to focus on equipment finance business, merges it with lending business
Kolkata, July 6, (IBNS): Srei Infrastructure Finance Limited (Srei) and its wholly-owned subsidiary Srei Equipment Finance Limited (Srei Equipment) has been merged into one unit, the company said in a recent release
Srei reports consolidated PAT of Rs 486.78 crore in FY19
Kolkata, May 26 (UNI): Srei Infrastructure Finance Limited (Srei), an infrastructure institutions, has reported a consolidated profit after tax (PAT) of Rs 486.78 crore during the financial year ended March 31, 2019 as compared to Rs 377.29 crore in the previous year, registering a growth of 29 per cent.
Srei Equipment, Syndicate Bank to jointly provide equipment financing under co-lending arrangement
Kolkata, Feb 21 (UNI) Srei Equipment Finance Limited ("Srei Equipment"), a wholly-owned subsidiary of Srei Infrastructure Finance Limited ("Srei"), on Thursday announced that it has partnered with Syndicate Bank to jointly provide equipment financing under co-lending arrangement for various equipment categories like construction, mining, material handling, commercial vehicles, medical and farm equipment.