Lenders approach RBI after ₹30,000 crore Srei loans turn NPAIn response to a query from ET, a Srei Group spokesperson said the economic downturn and loan moratoriums provided by the regulator had aff...
Srei Infra CEO Rakesh Bhutoria resignsThe lack of decision making by lenders in clearing salary arrears has led to the loss of professional talent, ultimately leading to the top...
Srei Infra nosedives 15% after company posts Rs 3,810-crore Q3 lossThe company had reported a net profit of Rs 60 crore in the year-ago period.
Srei Infra to transfer lending assets to Srei EquipmentSrei Infrastructure Finance will remain the holding company for Srei Equipment Finance.
Indiabulls Housing Finance leads race for Lakshmi Vilas Bank merger; Edelweiss, Srei Infrastructure also keenThe Chennai-based bank has been evaluating the merger option as it needs to augment long-term capital.
Srei Infra to list equipment finance arm via demerger schemeThe company will de-merge the equipment finance business through a three-stepped amalgamation scheme.
Srei Infra reports 29% jump in profit at Rs 111 croreConsolidated disbursements during the quarter under review was marginally lower at Rs 5,822 crore.
Srei Group signs MoU with New Zealand based CBL CorporationThis first of its kind joint venture will offer performance guarantees and sureties to its customers in India for participating in projects...
Srei BNP Paribas for relaxation in ECB norm for local equipmentSrei BNP Paribas has sought from the RBI to allow External Commercial Borrowing (ECB) for financing domestically manufactured construction ...
- Srei BNP Paribas raises benchmark lending rate by 25 bps to 17.25%
Srei BNP Paribas today raised its benchmark rate by 0.25 per cent to 17.25 per cent following a rise in borrowing cost.
- SREI Infrastructure Finance plans to raise up to Rs 150 crore
SREI Infrastructure Finance plans to raise up to Rs 150 crore through private placement of unsecured redeemable non convertible debentures ...
- Core sector lending: Faltering infrastructure growth takes a toll on lenders
Slowdown in new orders, delays in project execution and high cost of borrowing, which have severely impacted the profitability of infrastru...
- Srei Infrastructure Finance shares rise over 5% on fund-raising buzz
Shares of Srei Infra rose 5.2% to Rs 27.40 amid talk it is planning to raise Rs 450 crore to increase the loan book size.
- Positive on SREI Infra, Shriram Transport: Sunil Shah
Both SREI Infra and Shriram Transport are in excellent business and are a good stock to be in.
- SREI Infra announces amalgamation with Quippo Infrastructure
Kolkatta-based SREI Infrastructure Finance, a non-banking finance company (NBFC) which is into financing of infrastructure-related segments...
- Indiabulls to enter infra financing
To capitalise on the growing emphasise on infrastructure projects and the growing need for financing of such projects, Indiabulls Financial...
- BNP Paribas picks 50% in SREI Infra arm
French bank BNP Paribas has bought a 50% stake in the equipment finance arm of SREI Infrastructure Finance for Rs 775 crore. This is the la...