Srei Equipment Finance bags loan from KfW IPEX-Bank

Date posted: Monday 7 September 2020

Srei Equipment Finance has bagged a euro 10 million (about Rs 87 crore) loan from KfW IPEX-Bank to facilitate German exports to India. The financing is backed by cover from Euler Hermes. Through this arrangement, KfW IPEX-Bank will provide modern and energy-efficient construction machinery for use in Indian infrastructure projects.

(Economic Times)