SREI Infrastructure Finance has hiked its benchmark rate by 50 basis points (bps), from 17.50% per annum to 18.00% per annum with effect from September 01, 2013. The company’s asset liability management committee after reviewing the cost of borrowing decided to increase its benchmark rate. It had last increased its SBR in September 2011 by 75 basis points.SREI Infrastructure Finance’s businesses include infrastructure equipment leasing and finance, infrastructure project finance, advisory and development, insurance broking, venture capital, capital market and Sahaj e -Village.
No comments:
Post a Comment