Srei Infra seeks one-year blanket moratorium on debt repayment for industry

Srei Infra wants Centre to intervene and ask state govts to clear all dues to contractors, expedite tax refunds, and release payments in arbitration awards

Kolkata-based Srei Infrastructure has sought a blanket moratorium on debt repayments for a year.

In a letter written to the Prime Minister Narendra Modi, Srei has asked for a two-year window for borrowers and lenders to rework the terms of loan.

In order to solve the issue of liquidity, it has asked Centre to intervene and