The development comes at the time when the resolution is at an advanced stage, and financial bids are expected to be submitted latest by August 10 for taking over debt-ridden Srei Infrastructure Finance Ltd (SIFL) and Srei Equipment Finance Ltd (SEFL).
source https://economictimes.indiatimes.com/industry/banking/finance/banking/narcl-interested-in-taking-over-loan-accounts-of-debt-ridden-srei-official/articleshow/93413902.cms
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