RBI appoints V Ramachandra as member of Advisory Committee of SIFL, SEFL"Consequent upon the resignation of Shri Farokh N Subedar from the Advisory Committee with effect from January 31, 2023, it has been decide...
31 Jan, 2023, 07.26 PM IST
Srei group transaction auditor reports about Rs 3,025 cr-fraudThe Srei group companies, which are undergoing corporate insolvency resolution process, came under duress during the Coronavirus-induced lo...
13 Jun, 2022, 09.18 PM IST
RBI retains advisory committee on Srei group companiesThe members of the committee are: R Subramaniakumar (Former MD & CEO, Indian Overseas Bank), T T Srinivasaraghavan (Former Managing Directo...
11 Oct, 2021, 06.24 PM IST
NCLT Kolkata bench admits RBI's petition against Srei group of companiesThe National Company Law Tribunal (NCLT) admitted the bankruptcy pleas against Srei Infrastructure Finance (SIFL) and its wholly owned subs...
08 Oct, 2021, 07.57 PM IST
RBI moves NCLT against SREI Equipment Finance and SREI InfraCentral bank inspection of the books of Srei Infrastructure Finance (SIFL) and its wholly owned unit Srei Equipment Finance (SEFL) revealed...
08 Oct, 2021, 01.05 PM IST
SREI group's financial health withered well before pandemic, says RBI orderThe regulator was quite annoyed with repeated violations of prudential norms, including income recognition, asset classification and provis...
07 Oct, 2021, 08.20 PM IST
Srei Equipment Finance gets Rs 2,000 cr investment proposalUnlisted entity SEFL is a fully owned subsidiary of Kolkata-based Srei Infrastructure Finance.
19 Jun, 2021, 07.32 PM IST
Srei Equipment Finance gets Rs 2,000 cr investment proposal from US-based Arena-led consortium"The strategic coordination committee, chaired by an independent director, will evaluate the said offer and make recommendation of the boar...
19 Jun, 2021, 07.06 PM IST
Secured ECB lenders meeting next month for financial resolution: Srei Equipment FinanceThe meeting, to be held virtually on June 12, is in accordance with the order passed by the Kolkata bench of the National Company Law Tribu...
13 May, 2021, 11.30 PM IST
Srei Equipment Finance gets EoI from Cerberus GlobalEarlier this month, SEFL received EoIs for capital infusion of about $250 million (about Rs 1,864.35 crore) from US-based multi-strategy in...
25 Apr, 2021, 10.24 AM IST
Srei announces third prospective investor for capital infusionCerberus joined two other prospective investors for infusing capital into Srei Equipment Finance Ltd (SEFL), a wholly owned subsidiary of S...
25 Apr, 2021, 10.15 AM IST
Srei Equipment Finance to get $250 million capital infusion from global PE fundsThe company's strategic coordination committee (SCC) chaired by independent director Malay Mukherjee will coordinate, negotiate and conclud...
09 Apr, 2021, 01.21 PM IST
SEFL debt repayment: After banks, regulators to appeal against NCLT orderBanking sources told TOI that the RBI too will file a petition in the coming days as the NCLT had stopped all government or regulatory auth...
25 Jan, 2021, 10.38 AM IST
CARE to challenge NCLT’s freeze on Srei downgradeThe rating agency is likely to make securities market regulator Sebi a party to the matter that follows a preemptive court move on the rati...
25 Jan, 2021, 08.24 AM IST
Srei Equipment Finance board clears Rs 2,000 crore IPO planThe SEFL's board also approved participation by the existing shareholders of Srei Infrastructure Finance.
26 Oct, 2017, 12.26 PM IST
Srei Infrastructure Finance's rating upgraded to 'AA+'Incidentally, Brickwork Ratings has also upgraded Srei's wholly-owned subsidiary Srei Equipment Finance's (SEFL) rating to BWR AA+ with sta...
08 Jul, 2016, 03.55 PM IST
Srei consolidates 100% shareholding in Srei Equipment FinanceSrei Infrastructure Finance on Friday said that it has consolidated 100% shareholding in Srei Equipment Finance.
17 Jun, 2016, 04.12 PM IST