Latest Markets Business BEEPS Earnings Personal Finance

Varde-Arena Offer Rs 14,500 Crore For Srei Group NBFCs

Srei Group's NBFCs find serious bidders among Varde Partners and Arena Investors.

Vishwanath Nair

Counting hundred rupee Indian bank notes. (Source: Usha Kunji /BQ Prime)

A consortium of Varde Partners and Arena Investors have submitted a Rs 14,500 crore bid for Srei Group's non-bank finance companies under the Insolvency and Bankruptcy Code, according to two people with knowledge of the matter, who spoke on condition of anonymity.

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
WRITTEN BY
Vishwanath Nair
Vishwanath is Editor- Banking at NDTV Profit. He started working as a busin... more
GET REGULAR UPDATES
Add us to your Preferences
Set as your preferred source on Google
Beeps Img

Fears Over India's Fiscal Risk 'Overblown', Says Goldman Sachs

  • chevron-double-right Concerns over India's fiscal position may be exaggerated, says Goldman Sachs economist
  • chevron-double-right Lower government capex and strong farm cycle expected to boost consumption
  • chevron-double-right Government aims to maintain fiscal deficit at targeted 4.4% of GDP in 2025-26
More Beeps chevron-right

RECOMMENDED FOR YOU

CFO Leaders: The Making Of Five Star CFOs 
timelogo Jan 14, 2021
Stocks Rise, Treasuries Fall on Stimulus Bets: Markets Wrap
timelogo Aug 19, 2019
Stocks End Record-Setting Week With Further Gains: Markets Wrap
timelogo Jul 15, 2019
The Mutual Fund Show: The Dos And Don’ts Of Online Investing
timelogo Apr 27, 2019

POPULAR

1
Stock Market Live: Nifty Above 25,100, Sensex Up 300 Points; Godfrey Philips, Tata Power, NCC Shares In Focus
2
Bajaj Holdings Declares Rs 65 Interim Dividend For FY26
3
Shringar House Of Mangalsutra Listing Date: What Does GMP Signal Ahead Of Market Debut This Week
4
Indian Pharma Exports Surge In August: Laurus, Divi's Lead Growth
5
Calls To Codes: Income Tax Department Launches AI Portal To Expose Evaders | Profit Exclusive