- The partnership will provide customized financial solutions to the Agri traders and Agri entrepreneurs of India.
- Both the entities will ensure to ease the finance lending process and offer financial support on time to the beneficiaries dealing in the Agri domain.
- The Arya provides integrated post-harvest services and helps its members with warehouse management, finance support, quality testing, storage protection services, and connecting producers to buyers.
- It supports communities like farmers, aggregators, farmer producer organisations (FPOs), food processors and end-user corporates.
- Through this partnership, the SBM Bank India will be enhancing its presence in agri sector lending.
- Static Part:
- HQ of SBM (State Bank of Mauritius) India: Mumbai
- MD and CEO of SBM Bank India: Sidharth Rath
Question:
Q.1 With which bank has Agritech start-up Arya partnered for the purpose of commodity financing?
a. SBI
b. Karnataka Bank
c. Federal Bank
a. SBI
b. Karnataka Bank
c. Federal Bank
d. SBM Bank India