SREI revises benchmark PLR

Kolkata, Jun 16 (UNI) SREI Infrastructure Finance Ltd, India's leading infrastructure equipment, infrastructure projects and renewable energy financial institution, has revised the Benchmark Rate (SBR) to 11 per cent June 15.

The Asset Liability Committee (ALCO) of the company decided the rate keeping in view the present trend of upward moving interest rates in the market.

'' The revision in the interest rate is in tune with rising interest rates in both the global and domestic markets. Our benchmark rate is extremely competitive in the present market scenario, '' Hemant Kanoria, Vice-Chairman&Managing Director, SREI said.

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