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HomeFinanceArya partners with SBM to fortify its presence in commodity financing  

Arya partners with SBM to fortify its presence in commodity financing  

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Partnerships aims at deeper penetration of its integrated services in the mid-market segment, comprising mid-corporates and higher-end SMEs. 

 

 Arya, India’s largest post-harvest Agritech player forays into a strategic partnership with State Bank of Mauritius (SBM), India to reinforce its competencies in financing solutions. This partnership will help create conducive conditions for the promotion of mutually beneficial goals and deeper penetration of its integrated services in the mid-market segment, comprising mid-corporates and higher-end SMEs. 

Elaborating on the partnership, Ritesh Raman, Chief Business Officer – Storage Solutions, Arya said, “As Arya’s brand promise – we are committed towards improving access to credit, ease in financing process and robust solutions for instant credit to every client in the Agri value chain. SBM Bank India has profound domain expertise and is led by a core team of industry veterans. This alliance will only help to strengthen our position as a market leader.”

 Speaking on the occasion, Senior Spokesperson SBM Bank India, said, “We are focusing on commodity financing portfolio and this partnership strengthens our hold in the segment.  At SBM Bank India, we believe in empowering our collaborators through our banking expertise, to improve their offerings as well as, uplift their end customers’ financial requirements. Through our collaboration with Arya, we are expanding our presence to cater to the agri-traders and agri-entrepreneurs across the country and offering them customized solutions to help them grow and prosper.”

In today’s landscape, the adoption of high-tech banking capabilities is more crucial than ever to meet the needs of a rapidly changing industry and diverse borrower base.  Alliances like these enable ease of business for seamless lending processes, more efficient operations for end-users, and create new opportunities for digital engagement.

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