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Sunday, December 10, 2000













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Srei International Finance

Crisil has removed the outstanding fixed deposit (FD) of Srei International Finance Ltd from rating watch.

The FD was put on `rating watch with developing implications' on August 4 as a result of the company's announcement of plans of a proposed merger with Alpic Finance, Apple Credit Corporation and Apple Finance. However, the recent breakdown in the four-way merger has led to the dropping of Srei International from rating watch.


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