Comments
Construction equipment finance company Srei BNP Paribas today said it targets loan advances of Rs 1,000 crore in Rajasthan in the next 12—18 months.
Looking at the growth of infrastructure sector and projects in the state, the company found ample business opportunities and has set a target to give loans or finance of Rs 1,000 crore in next 12—18 months, Srei BNP Paribas CEO, DK Vyas said.
The company finances equipment in sectors like infrastructure, mining and agriculture.
“Big projects in the state like Delhi—Mumbai industrial corridor and Jaipur Metro have created good business opportunities and to meet the requirement, we are growing our office network as well as loan targets,” Vyas said.
He said that besides infrastructure, the company was also focusing on financing in mining and agriculture sector also.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.