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eNAM Partnered with Kotak Mahindra Bank

Published on May 07, 2021
Current Context: The Kotak Mahindra Bank was selected as a digital payments partner by the National Agriculture Market (eNAM).
eNAM  Partnered with Kotak Mahindra Bank
  • The eNAM is a pan-India electronic trading portal for farm produce.
  • Under this partnership, the Kotak Mahindra Bank will support with necessary features and safety for online transactions for all stakeholders on the eNAM platform.
  • The partnership will prove beneficial to farmers, traders and farmer producer organisations.
  • The payment, clearing and settlement services will be granted by Kotak Mahindra Bank on the eNAM platform which will thus ensure smooth trading activities between a buyer and seller of Agri produce.
  • Also, Kotak Mahindra Bank has integrated its payment system and portal directly with the payment interface of the eNAM platform, this will allow quick and safe transactions for the users of the eNAM platform.
  • Static Part: 
    • HQ of eNAM: New Delhi
    • HQ of Kotak Mahindra Bank: Mumbai
    • Tagline of Kotak Mahindra Bank: Let’s Make Money Simple


Q.1 Which bank was selected as a digital partner for National Agriculture Market (eNAM)?
a. ICICI Bank
b. HDFC Bank
c. Kotak Mahindra Bank
d. Yes Bank

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