CCI approves SREI Infra Finance's acquisition by NARCL, IDRCL

The Competition Commission of India (CCI) has approved the acquisition of Srei Infrastructure Finance by National Asset Reconstruction Company (NARCL) and India Debt Resolution Company (IDRCL) under the green channel route. NARCL submitted a resolution plan to acquire the majority of the equity share capital of Srei Infrastructure Finance and its wholly-owned subsidiary, SREI Equipment Finance.

from Banking/Finance-Industry-Economic Times https://ift.tt/DVAs6BP