SREI INFRASTRUCTURE FINANCE LIMITED 
By Kolkata, September 16, 2011: Srei BNP Paribas, industry leader in infrastructure and construction equipment financing, today announced a hike in its benchmark rate by 100 basis points, from 16% to 17%, with immediate effect.
The Company’s Asset Liability Management Committee met here on September 13, 2011 and after reviewing the trend of rising interest rates, decided to increase its benchmark rate in line with the upward moving interest rates in the domestic market.
Sunil Kanoria, Joint Managing Director, Srei BNP Paribas, said, “RBI increasing its key rates to manage inflation and resultant rate hikes by banks has necessitated increase in our rates. Hopefully any more interest rate hike by RBI will be minimal as the growth momentum in the economy has already slowed down as suggested by recent IIP data.”D K Vyas, CEO, Srei BNP Paribas, said, “As our business model is premised on relationship model with our customers, we normally wait to see firmness in rising rates before increasing our own rate. However, our rate hikes become imperative to maintain the quality of our portfolio.”About Srei BNP ParibasSrei BNP Paribas (Registered name: Srei Equipment Finance Private Limited) is a 50:50 joint-venture between Srei Infrastructure Finance Limited, India’s leading and only private sector Non Banking Financial Institutions in the infrastructure space, and BNP Paribas. Industry leader in the infrastructure and construction equipment financing, Srei BNP Paribas is aptly benefitting from the Indian expertise & network of Srei and global leasing insight in diverse product classes of BNP Paribas.
Srei BNP Paribas has extensive knowledge on diverse equipment used in the infrastructure and construction sector and acts a valuable advisor to its customers. It has tie up with all the leading equipment manufacturers to ensure best pricing and servicing terms to its customers. Over the years, Srei BNP Paribas has been innovatingnew marketing programmes to bring together the manufacturers and customers on a single platform, creatingSrei Equipment Finance Private LimitedHead Office: Y-10, Block – EP, Sector V, Salt Lake City, Kolkata – 700 091Tel: +91 33 6639 4700 / 6602 2000 Fax No. : +91 33 6602 2200 / 2600Email: sefpl@srei.com Website: www.srei.comimmense value and sharing this value with all stake holders. "Paison Ki Nilami", "Srei BNP Paribas Partnership
Week" and “Khul Ja Sim Sim” are some of such prominent programmes.Extrapolating its expertise in infrastructure equipment financing, Srei BNP Paribas has started financing new equipment classes: Technology Solutions (IT equipment, software and services), agriculture, healthcare, office automation and education sector equipment. With its foray into new equipment classes, Srei BNP Paribas has become probably the one and only Company in India to offer complete Equipment Solutions.With a customer base of over 28,000, Srei BNP Paribas has grown from strength to strength enjoying a strong national presence with a network of over 77 offices across India.For further information, please contact:
Braj Kishore
Senior Vice President and Head
Corporate Communication and Brand ManagementSrei Infrastructure Finance LimitedPhone: +91 33 6602 3211Mobile: +91 98360 35599E-mail: braj.kishore@srei.comSwati Singh
Manager
Corporate Communication and Brand ManagementSrei BNP ParibasPhone: +91 33 6602 3712Mobile: +91 98745 60033Email: swati.singh@srei.comSrei Equipment Finance Private LimitedHead Office: Y-10, Block – EP, Sector V, Salt Lake City, Kolkata – 700 091Tel: +91 33 6639 4700 / 6602 2000 Fax No. : +91 33 6602 2200 / 2600Email: sefpl@srei.com Website: www.srei.com