Agritech startup Arya secures $30 million in debt financingThe agritech startup said it will use the capital to provide post-harvest liquidity to farmers, farmer producing organisations (FPOs) and s...
23 Jan, 2025, 06.53 PM IST
Government launches Rs 1,000-cr credit guarantee scheme to help farmers access post harvest loansUnion food minister Pralhad Joshi launched a Rs 1,000 crore credit guarantee scheme to boost farmers' access to post-harvest loans using el...
16 Dec, 2024, 07.30 PM IST
Prices of major agri commodities to stay stable: GovtThe government assures that prices of key agricultural commodities will remain stable during the festive season. Wheat distribution for PMG...
18 Sep, 2024, 04.15 PM IST
National Bulk Handling Corporation appoints Vinod Kumar as MD & CEOAs the MD & CEO, Vinod will be responsible for driving and overseeing the development and execution of NBHC’s corporate strategy, business ...
04 Apr, 2023, 12.43 PM IST
Agritech startup Arya.ag gets $60 million, valuation at $300 millionWhile $46 million came in as equity investment, $14 million was raised via debt from investors such as USDFC and ResponsAbility, a Geneva-b...
18 Jan, 2022, 05.35 AM IST
Arya, Canara Bank in tie up for farm loans management, warehousingThe Arya-Canara Bank partnership aims to support and extend finance to farmers as well as give them access to warehouses managed by the agr...
02 Mar, 2021, 03.40 PM IST
PM to launch financing facility of Rs 1 lakh cr under Agriculture Infrastructure Fund on SundayThe fund is expected to catalyse the creation of post-harvest management infrastructure and community farming assets such as cold storage, ...
09 Aug, 2020, 12.18 AM IST
Cash is sloshing in banking system, surges to Rs 2.3 trillionState Bank of India has Wednesday reduced its marginal cost based lending rate (MCLR) by 10 basis points across all tenors with effect from...
09 Oct, 2019, 10.49 PM IST
Government to soon sanction 100 more cold chains: Harsimrat Kaur Badal"Our processing levels are very low. The government has created an environment to encourage food processing.We are going to sanction 100 mo...
07 Mar, 2017, 03.20 PM IST
How the Rs 160 crore StarAgri is helping farmers manage their produceOur aim is to connect with 25 lakh farmers. We want to become every farmers’ dream partner in their success
20 Apr, 2015, 08.00 AM IST
- Companies in agricultural biz now in priority sector
The Reserve Bank of India has revised the definition of priority sector to include corporates engaged in agriculture and allied activities,...
18 Oct, 2012, 05.05 AM IST
- RBI amends priority sector lending norms in agriculture, housing and small & medium enterprises
RBI has expanded the priority sector lending in agriculture, housing and small and medium enterprises to widen the scope loans to these sec...
17 Oct, 2012, 10.23 PM IST
- Union Bank slashes interest rate on agricultural loans up to 175 bps
In an effort to boost credit flow to agriculture, Union Bank of India today announced interest rate cut for various categories under agricu...
05 Jul, 2012, 06.08 PM IST
- Dena Bank sign up agreement for Warehousing Receipt funding
Dena Bank one of the leading public sector Banks & Star Agri a leading post harvest agri solution provider signed up an agreement for Wareh...
18 Jun, 2012, 03.38 PM IST
Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAsFinance ministry will increase the agriculture lending target by around 25% in budget 2012 despite an increase in non-performing loans.
02 Mar, 2012, 03.57 AM IST
- 1% Interest waiver on loan against godown receipts
The Centre plans to pressurise states on making registration of warehouses mandatory.
19 May, 2011, 05.45 AM IST
- Govt spanner in IIFCL UK Plan to lend more to private sector
The government is not in favour of allowing state-run IIFCL’s UK-based subsidiary to lend more to the private sector.
14 May, 2011, 03.40 AM IST