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SREI INFRASTRCUTURE FINANCE
US-based Arena Investors evinced interest to acquire Srei before RBI took controlThe Srei group had forwarded the proposal to RBI for a review a couple of months ago, the executives said. Arena is an institutional asset ...- Srei ratings cut to 'default', legal battle aheadCare Ratings cut the rank to D for a combination of bank loans and debt securities worth Rs 11,828 crore availed by Srei Infra Finance and ...
- Firms’ borrowing costs rise as lenders do not relay rate cutsBanks are factoring in a high risk premium while lending to NBFCs
- Borrowing cost of NBFCs rises despite RBI rate cutsAadhar Housing Finance said its cost of funds has risen 70 bps since October 2018, even after factoring in 5-10 bps reduction in banks’ MCL...
- 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 Finance, Muthoot Finance tap retail bond marketSrei Equipment Finance has lined up Rs 500 crore bond sales offering 9.75-10.25% interest rates with three, five and seven-year maturities.
- Fourteen stocks in focus in Friday morning tradeIndian shares are expected to trade higher. Here is a list of fourteen stocks that are likely to be in action today.
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