I tried to reset the admin password via Phpmyadmin in admin_user table but this doesn't seems to work. Also on chrome I am getting "This webpage has a redirect loop" error when loading admin page.
Magento2 Admin Password – How to Reset Lost Password
adminmagento2password-recovery
Best Answer
You can use Magento CLI to create new admin user with the following command, then you can go and change password of your original user.
Execute this from the root of your magento installation: