SREI Finance to reduce rates by 100 basis points

June 10th, 2009 - 11:15 pm ICT by IANS  

Kolkata, June 10 (IANS) Non-banking finance company SREI Infrastructure Finance Wednesday said it will cut its benchmark rate by 100 basis points from July 1.
“SREI Infrastructure Finance has announced a drop in its benchmark rate, SREI benchmark rate (SBR), by 100 basis points from 16 percent to 15 percent with effect from July 1,” a company statement said.

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