Srei lenders to start voting on resolution plans from Monday
Most Srei lenders, including State Bank of India, will prefer to vote for the government-promoted bad bank since it has given the highest offer of ₹5,555 crore, the people said. Authum has offered ₹5,526 crore while Arena-Varde team offered ₹4,680 crore. All offers are on a net present value basis (NPV), arrived at by discounting future cash flows.