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Schemes – Banks

Bank of Baroda inks MoU with Mahindra & Mahindra for tractor finance

MoU will give a boost to agri business and will help farmers in availing hassle-free credit facilities for buying tractors  In order to boost agriculture finance, state-owned Bank of Baroda…

Axis Bank ties up with Bayer to provide better financial solutions to farmers

Axis Bank would offer a wide range of end-to-end financial solutions & services like affordably priced loans, deposits, withdrawals and payments   Axis Bank, India’s third largest private sector bank…

Bank of Baroda introduces various initiatives to boost tractor financing  

The bank has replicated `Cluster Model for Tractor Financing` presently operational in multiple cities       The Bank of Baroda has announced three new initiatives towards improving credit penetration…

SBI to launch ’SAFAL’ loan for organic cotton farmers

The bank is using Artificial Intelligence (AI) and Machine Learning (ML) in a big way for generating business   State Bank of India is planning to launch a loan product,…

ICICI Bank to use innovative technology to assess credit worthiness of farmers

Pilot study done in 500 villages. Scheme to be scaled up to 63,000 villages soon   Private sector lender ICICI Bank will use satellite data—imagery from Earth observation satellites—to assess…

Maharashtra Govt approves ADB funded project for development of agriculture  

The project aims to make the state a surplus producer of fruits and vegetables which will help in boosting the farmer’s income.       The Maharashtra government has approved…

Centre constitutes pan India ’Agri- Infrastructure Fund’

Rs 10,000 crore sanctioned for the current year A new pan India Central Sector Scheme-Agriculture Infrastructure Fund has been approved by the Union Cabinet chaired by PM Narendra Modi, to…

Indian Bank launches new products to support farmers, poultry players  

Borrowers in the poultry sector can avail 20 per cent of the working capital limit under the IND Covid Emergency Poultry Loan scheme.   The Indian Bank has launched three…

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