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Hardayal Prasad is new MD and CEO of Srei Infra Finance
Srei Infrastructure Finance (SIFL) is a financial institution providing a bouquet of services, which include construction and mining equipment finance, advisory and development solutions and insurance broking.
Hardayal Prasad is new MD and CEO of Srei Infra Finance
Mr. Prasad is a seasoned senior banker with over 36 years of experience
RBI supersedes board of Srei Infra and Srei Equipment Finance
The Reserve Bank of India on October 4 superseded the Board of Directors of Srei Infra and Srei Equipment Finance Limited, owing to governance concerns and defaults by SREI Group Companies.
RBI supersedes board of Srei Infra and Srei Equipment Finance
The central bank of India has appointed Rajneesh Sharma, the former Chief General Manager at Bank of Baroda, as administrator.
Srei receives EoI for $250 mn capital infusion from international PE funds
Srei Equipment Finance (SEFL) said that it has received expression of interest for up to $250 million capital infusion in the company. The international private equity (PE) funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.
Srei receives EoI for capital infusion from Cerberus
The board of directors of Srei Infrastructure Finance and its wholly-owned subsidiary Srei Equipment Finance held meetings announced that it has further received an expression of interest for capital infusion from Cerberus Global Investments.
Srei Equipment receives EoI for $250 mn capital infusion from international PE funds
The international private equity ("PE") funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.
Srei forms Strategic Coordination Committee for raising fresh capital
The SCC will coordinate, negotiate and conclude discussions with potential strategic and/or private equity investors, to raise fresh capital for the business in consultation with the management.
Srei Equipment Finance, UCO Bank announce strategic alliance
Srei Equipment Finance (Srei Equipment), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and UCO Bank, one of India's premier public sector banks, announced a strategic alliance to offer joint loans for purchase of construction and mining, farm and medical equipment under a co-lending arrangement.
Srei Equipment Finance, UCO Bank to co-lend through iQuippo platform
Srei Equipment Finance (Srei Equipment), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and UCO Bank, one of India?s premier public sector banks, announced a strategic alliance to offer joint loans for purchase of construction and mining, farm and medical equipment under a co-lending arrangement.
Srei Equipment, United Bank to jointly offer loans
Srei Equipment Finance (Srei Equipment), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), partnered United Bank of India to jointly offer loans to MSME sector and retail customers under a co-lending arrangement.
Srei Equipment Finance and Bank of Baroda in strategic alliance
Srei Equipment Finance (SEFL), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and Bank of Baroda, India?s second largest public sector bank, announced a strategic alliance to offer joint loans for infrastructure equipment under a co-lending arrangement.