Why HNI investors seek to flee bonds issued by Srei Group – Economic Times

Why HNI investors seek to flee bonds issued by Srei Group – Economic Times

A particular series of bonds for Srei Equipment Finance, maturing in 2028, saw its price drop to Rs 666.01 (adjusted for interest) from Rs 770 on Monday. Synopsis Bond prices plunged, pushing yields higher. Since November 23, the first business day after the Reserve Bank of India (RBI) ordered a special audit of SREI’s books, […]

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