Srei: Administrator admits Rs 22,910 cr claims from banks

The Reserve Bank of India-appointed administrator has admitted total claims of Rs 22,910.49 crore of commercial banks’ on Srei Infrastructure Finance and its wholly-owned subsidiary Srei Equipment Finance, against the combined amount of Rs 25,115.29 crore claimed by them.

Administrator Rajneesh Sharma has rejected claims of around Rs 1,604.63 crore by the commercial banks, while Rs 601.37 crore is under verification as of November 19.

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