Oriental Bank of Commerce has joined hands with Srei Equipment Finance, a wholly-owned subsidiary of Srei Infrastructure Finance, to offer loans for purchase of equipment under a co-lending arrangement.
The partnership will allow Srei Equipment Finance and Oriental Bank of Commerce to collaborate, co-operate and widen their respective markets and customer base. Financing of construction, mining and allied equipment (CME), medical equipment, commercial vehicles and farm equipment will be covered under this arrangement.
Oriental Bank of Commerce is a commercial bank. The Bank operates in four segments: treasury operations, corporate/wholesale banking, retail banking and other banking business operations.