Quantcast
telegraphindia.com 15 Sep, 2021 01:15 am

Staff retention emerging as key challenge at Srei Infrastructure Finance

Staff retention emerging as key challenge at Srei Infrastructure Finance
The non bank finance company’s CEO Rakesh Kumar Bhutoria has reportedly resigned at a time the Covid pandemic and a cash flow mismatch have affected the business

21, 04:32 AM Staff retention is emerging as a key challenge at Srei Infrastructure Finance.According to a PTI report, Bhutoria has resigned as the CEO of Srei Infrastructure Finance and the company is looking for a replacement.Srei Infrastructure Finance has reported a consolidated net loss of Rs 971.The chief operating officer of Srei Equipment Finance Limited had left in April and the company secretaries of Srei Infrastructure Finance and Srei Equipment Finance had resigned in March and May.

The board of directors of Srei Infrastructure Finance in July had cleared a proposal to raise Rs 2,500 crore from the markets through various means including qualified institutional placement.Srei Infrastructure Finance has reported a consolidated net loss of Rs 971.

Read full story at telegraphindia.com