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Lenders' Dilemma: Restart Srei sale or review non-compliant bids | Economic Times

Lenders' Dilemma: Restart Srei sale or review non-compliant bids https://ift.tt/Tn28V1H majority of lenders did not favour accepting a non-compliant EMD since that would require changing the terms of the RFP and reinviting bids. Some lenders, however, were worried that the alternative option - liquidation of the twin Srei companies - will result in lower recoveries.
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