+
Hardayal Prasad is new MD and CEO of Srei Infra Finance
ECONOMY & POLICY

Hardayal Prasad is new MD and CEO of Srei Infra Finance

Srei Infrastructure Finance Limited (SIFL) is a financial institution providing a bouquet of services, which include construction and mining equipment finance, advisory and development solutions and insurance broking. Since its inception, the company has traversed a long way to emerge as an infrastructure service provider with its widespread presence pan India, a strong customer base and unique product propositions.

In April 2024, the Board of SIFL appointed Hardayal Prasad as its new Managing Director and CEO. He has since joined and taken up the assignment.

Prasad is a seasoned senior banker with over 36 years of experience, and he has held important assignments in India and abroad. Before joining SIFL, Prasad has been Managing Director & CEO of SBI Cards & Payment Services and Managing Director and CEO of PNB Housing Finance. Under Prasad?s leadership, SIFL envisages to re-enter the construction and mining equipment financing industry to enable customer needs of the segment.

Commenting on his appointment, Prasad, said, Srei had been a prominent contributor in the Construction & Mining Equipment (CME) financing space. Now with the completion of the resolution process, we are confident of re-establishing SIFL as a significant contributor in the industry and enabling customers with financing solutions, across the life cycle of the construction and mining equipment, in the near future.?

Srei Infrastructure Finance Limited (SIFL) is a financial institution providing a bouquet of services, which include construction and mining equipment finance, advisory and development solutions and insurance broking. Since its inception, the company has traversed a long way to emerge as an infrastructure service provider with its widespread presence pan India, a strong customer base and unique product propositions. In April 2024, the Board of SIFL appointed Hardayal Prasad as its new Managing Director and CEO. He has since joined and taken up the assignment. Prasad is a seasoned senior banker with over 36 years of experience, and he has held important assignments in India and abroad. Before joining SIFL, Prasad has been Managing Director & CEO of SBI Cards & Payment Services and Managing Director and CEO of PNB Housing Finance. Under Prasad?s leadership, SIFL envisages to re-enter the construction and mining equipment financing industry to enable customer needs of the segment. Commenting on his appointment, Prasad, said, Srei had been a prominent contributor in the Construction & Mining Equipment (CME) financing space. Now with the completion of the resolution process, we are confident of re-establishing SIFL as a significant contributor in the industry and enabling customers with financing solutions, across the life cycle of the construction and mining equipment, in the near future.?

Next Story
Building Material

Viva ACP Launches Experience Centre in Nashik

Viva ACP, one of Asia’s leading manufacturers of Metal Composite Panels (MCP), has unveiled a new state-of-the-art Experience Centre in Nashik. Situated at Plot No. 10, Kathe Industrial Estate, Tigrania Road, Dwarka, the centre aims to make Viva’s premium cladding solutions more accessible to architects, developers, and design professionals in Western India. The centre was formally inaugurated by Prakash Jain, Chairman and Managing Director, Viva Composite Panel, along with Nitin Jain and Mayank Jain, Directors at the company. Conceptualised as an interactive and immersive space,..

Next Story
Technology

Hikrobot Launches HDMI Video Micro System in India

India, July 2025: Hikrobot has introduced its HDMI Video Micro System in the Indian market, offering a plug-and-play imaging solution that combines 2K high-definition clarity, real-time streaming, and portability. The system is designed for professionals in sectors such as industrial inspection, medical research, forensic science, education, and precision manufacturing. Unlike traditional imaging setups that require external PCs and complex software, the Hikrobot HDMI Video Micro System provides direct output to an HDMI display, eliminating setup complications and improving usability.&nbs..

Next Story
Real Estate

Stone Wood Hotels Appoints Shishir Kumar Jena as CFO

Stone Wood Hotels & Resorts has announced the appointment of Shishir Kumar Jena as Chief Financial Officer. This key leadership move aligns with the boutique hospitality group’s ongoing national expansion. Shishir Kumar Jena brings over 32 years of experience in hospitality finance, having held senior positions with renowned brands such as Acron, Radisson, and Fortune Inn Exotica. His expertise spans financial strategy, operational efficiency, revenue optimisation, and aligning financial performance with guest satisfaction. Throughout his career, Jena has maintained a consisten..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?