Business Standard

Srei's growth slowing down over weak market sentiment: Group chairman

The share of infrastructure project finance is expected to further come down to 10-15 per cent in the coming years, he said

Hemant Kanoria
Premium

Srei Infrastructure Finance Chairman Hemant Kanoria

Jyoti Mukul New Delhi
Kolkata-based Srei group, which moved away from infrastructure finance, is likely to see its growth in asset portfolio slowing down to 5-7 per cent this year.
 
This is in contrast to the 20-30 per cent growth it recorded prior to the IL&FS crisis.
 
Currently, 75 per cent of its asset holding is for equipment finance, with the remaining coming from infrastructure financing. The share of infrastructure project finance is expected to further come down to 10-15 per cent in the coming years, Hemant Kanoria, Chairman, Srei group, told Business Standard.
 
The group’s consolidated asset under management (AUM)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 29 2019 | 12:55 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com