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22-Feb2019

SREI Infrastructure Finance's arm ties up with Syndicate Bank

SREI Infrastructure Finance's wholly owned subsidiary -- Srei Equipment Finance has tied up with Syndicate Bank to jointly provide financing for construction and farm equipment.

Under the arrangement, Syndicate Bank would leverage on its low-cost funds and co-lend equipment loans with Srei at a mutually agreed rate. The arrangement had been done under the aegis of Reserve Bank of India.

SREI Infrastructure Finance lends for financing infrastructure projects across sectors such as roads, ports, mining and power as well as purchase of infrastructure equipment.


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