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  RBI bans Srei Infra auditor Haribhakti & Co for two years

  Business | October 12, 2021 22:45 IST

  The action has been taken against the firm for failure to comply with a specific direction issued by the RBI with respect to its statutory audit of a Systemically Important Non-Banking Financial Company (NBFC), the central bank said in a statement.

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  Reserve Bank retains 3-member advisory committee for Srei group companies

  Business | October 11, 2021 20:11 IST

  After superseding the boards of SIFL and SEFL last Monday, the Reserve Bank had appointed a three-member advisory committee to assist Rajneesh Sharma, administrator of the two crisis-ridden firms.  

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  Srei To Raise $ 1 Billion Overseas Equity Fund

  August 25, 2011 19:09 IST

  Mumbai, Aug 25: Infrastructure finance company Srei today said it would raise a USD 1 billion infrastructure equity fund from overseas to invest in road, power and ports projects.“We will be raising USD 1 billion