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Bombay High Court Rejects Plea By SREI Group Promoters

Bombay High Court rejects SREI Group plea, RBI action to move ahead.

Vishwanath Nair
The Bombay High Court building, with the BSE building behind it, in Mumbai. (Photographer: Adeel Halim/Bloomberg)

The Bombay High Court on Thursday rejected a plea by the promoters of SREI Group against the action taken by the Reserve Bank of India, two people directly involved said on the condition of anonymity.

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Vishwanath Nair
Vishwanath is Editor- Banking at NDTV Profit. He started working as a busin... more
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