SREI BNP Paribas targets Rs 1,500 cr business

SREI BNP Paribas, a 50:50 joint venture between SREI Infrastructure Finance Ltd. (SIFL) and BNP Paribas Leasing Solutions (BPLS), is targeting to generate business over Rs 1,500 crore from its customer engagement and incentive programme called Khul Ja Sim Sim. In the first half of the current fiscal, SREI BNP Paribas has done a disbursement of over Rs 5,100 crore, compared to last year’s corresponding figure of Rs 2,400 crore.

The company also said that it has already started financing Technology Solutions (financing of IT equipment, software and services) and has effectively partnered with leading global IT vendors for financing their customers. “We have also forayed into financing of new equipment classes: Agriculture Equipment, Healthcare Equipment, Office Automation, Equipment in Education sector etc," the company's chief executive officer DK Vyas said.

Over the years , Srei BNP Paribas has been a advisor to its customers and has been innovating new marketing programmes bringing together the manufacturers and customers on a single platform, creating immense value and sharing this value with all the stake holders. "Paison Ki Nilami", “Money Bag” and "SREI BNP Paribas Partnership Week" have been such programmes.