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A 35-Year-Old Non-Bank Lender Looks To Mergers As A Survival Strategy
SREI Infrastructure Finance has seen new lending stall and liquidity dry up. What’s the way out?
17 Aug 2020, 01:41 PM IST
India’s non-bank lenders have seen a double whammy of sorts with the crisis brought on first by the collapse of Infrastructure Leasing & Financial Services Ltd. and now by the outbreak of the Covid-19 pandemic. While larger institutions have found it easier to wade through choppy markets, smaller peers are struggling.SREI Infrastructure Finance Ltd., a 35-year-old NBFC which has seen many ups and downs in its lifecycle, is among thos...
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