Saturday, December 31, 2011

Srei BNP Paribas expects Rs 600-cr biz at Excon show


B D Narayankar

Press Trust of India

Bangalore, Nov 22: Infrastructure and
construction equipment financing firm Srei BNP Paribas hopes
to do business of over Rs 600 crore at Excon 2011, the largest
construction equipment exhibition in the country, a senior
company official said.
At the five-day exhibition, Paribas would offer
innovative financial products like Asset Power, Money Power,
Don't Worry Finance and Khel Interest Ka, Srei BNP Paribas CEO
D K Vyas told reporters here.
"A customer will be entitled to enjoy a pre-approved
credit limit and may get 100 per cent financing of the
equipment at attractive terms," he said.
Paribas would organise customer engagement programmes
at its 82 offices across India with live webcasts and
streaming to ensure customers to get th feel of Excon 2011,
Vyas said.
Paribas has also introduced a unique solution 'Tension
Mat Lo' at the exhibition, he said.
"Keeping in mind the problems a customer faces while
trying to get finance, through 'Tension Mat Lo' Paribas
assures its customers to leave their tensions behind and enjoy
the hassle-free financing solution," Vyas said.
Paribas already disbursed over Rs 6,611 crore in first
half of this fiscal and expects a target disbursement of Rs
14,000 crore for FY12, Vyas said.

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