Question
RBI recently superseded the boards of directors of Srei
Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL), citing governance concerns and payment defaults. Who has been appointed as the administrator of the two NBFCs?Solution
RBI recently superseded the boards of directors of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL), citing governance concerns and payment defaults. Rajneesh Sharma, Ex-Chief General Manager of Bank of Baroda has been appointed as the administrator of the two NBFCs.
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