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SREI Infrastructure Finance’s arm, NIB launch lending and leasing facility in India

28 Nov 2018 Evaluate

SREI Infrastructure Finance’s subsidiary -- SREI Equipment Finance and Nordic Investment Bank (NIB) have agreed on a loan programme for financing the acquisition or leasing of industrial equipment designed or produced in the NIB's member countries.

The new loan programme totals Euro 20 million and has a maturity of eight years. The funds from the programme will be used to finance acquisitions and leasing of industrial equipment designed or supplied by equipment manufacturers in NIB's member countries to Indian enterprises.

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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