Ad-H Ad-H

UK’s Varde may get troubled Srei cos for ₹14,000 crore

KOLKATA: Srei Infrastructure Finance (SIFL) and Srei Equipment Finance (SEFL), which are going through insolvency proceedings, are believed to have got “very good” financial bids. Sources said that London-based Varde Capital has put in a bid of over Rs 14,000 crore. This, along with Rs 2,500 crore in the group’s balance sheet, would fetch a …

Read more