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POST HARVEST LOANS
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 24%When business updates start to come in or when some FMCG or auto companies indicate that things are not all good in the rural space, we may...- FM asks lenders to go beyond standard loans, design credit repayments around biz cyclesFinance Minister Nirmala Sitharaman has called on banks to move beyond standard loan products. She emphasized the need for repayment struct...
- 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...
- Rahul shares video of interaction with Chhattisgarh village farmers, says tillers satisfied with state governmentPosting the video of his interaction with the farmers on his YouTube page, Gandhi said, "A few days ago, I got a chance to go to Kathiya vi...
- Warehousing Development Regulatory Authority signs pact with SBI"It is envisaged that the product will have far reaching consequences with regard to acceptance of e-NWRs among small and marginal farmers....
- Upbeat on rural prospects, DCB Bank focuses on tractor loansThe bank is offering customised loans in Chhattisgarh, Karnataka, Andhra Pradesh, Telangana, Madhya Pradesh, Maharashtra, Odisha and Rajast...
- Arya Collateral raises $21 million in Series B funding led by Quona CapitalArya Collateral provides post-harvest agri solutions to farmers, farmer producer organisations (FPOs), traders and also agri-focused corpor...
- Sohan Lal Commodity partners up with SBI for collateral managementAs part of the agreement, SLCM will manage the quantity and quality of the collateral and the commodities will be stored in licensed & non-...
- SLCM inks pact with SBI for warehousing servicesThis agreement with SLCM underscores the importance of agribusiness and agri infrastructure for SBI.
- SLCM ties up with HDFC, IndusInd bank for post harvest creditSLCM’s Agri Reach with its scientific technology and standard operating procedures has been able to demonstrate its capability to reduce po...
- Haryana to launch loan scheme for vegetable, fruit growersFor loans up to Rs 5 lakh, the societies don’t have to provide any collateral, the societies don’t have to provide any collateral. For amou...
- Origo Commodities, NABARD tie up for warehouse receipt financingOrigo Commodities today said it has tied up with NABARD to provide 'warehouse receipt financing' to farmers in Andhra Pradesh and Telangana.
- Banks to be asked to give farm loans: GovernmentAgricultureMinister Radha Mohan Singh today said efforts would be made to nudge lenders to provide credit to farmers.
- Asian Development Bank to provide $18.4 million for post harvest facility in GujaratAsian Development Bank (ADB) will provide $18.4 million to Champion Agro to set up cold storage facilities for fruits and vegetables focusi...
- Companies in agricultural biz now in priority sectorThe Reserve Bank of India has revised the definition of priority sector to include corporates engaged in agriculture and allied activities,...
- RBI amends priority sector lending norms in agriculture, housing and small & medium enterprisesRBI has expanded the priority sector lending in agriculture, housing and small and medium enterprises to widen the scope loans to these sec...
- Govt approves Rs 10,901 cr funds towards crop loan subsidyGovt decided to release Rs 10,901 cr to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal.
- NABARD sanctions Rs 32.28 crore godown construction loan for HaryanaNABARD has sanctioned loan worth Rs 32.28 crore to Haryana government for construction of godowns with storage capacity of 74,000 metric to...
- Banks told to give subsidised post-harvest loans to farmersThe government has told banks to provide post-harvest loans to farmers at a subsidised 7% rate to discourage distress foodgrain sales.
- 1% Interest waiver on loan against godown receiptsThe Centre plans to pressurise states on making registration of warehouses mandatory.
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