RBI moves NCLT against SREI Equipment Finance and SREI Infra

Central bank inspection of the books of Srei Infrastructure Finance (SIFL) and its wholly owned unit Srei Equipment Finance (SEFL) revealed that the group's financial health had begun to deteriorate much before the pandemic, something the Kolkata financier has repeatedly blamed for its abysmal cash flows.

from Banking/Finance-Industry-Economic Times https://ift.tt/3AtLSo8