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Bank of Baroda, Heritage Foods sign MOU; intends easy loan to farmers

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ANI New Delhi [India]
Last Updated : Dec 30 2016 | 12:57 PM IST

Leading public sector bank Bank of Baroda has announced signing of an MOU with Heritage Foods Ltd. (HFL) with an objective to provide dairy loans to the farmers through the network of Bank of Baroda branches pan India.

The MoU was signed in the presence of Head Rural Banking (Agri and FI) and CSR, G.B Bhuyan and Zonal head of Heritage Foods Ltd. (HFL), Hyderabad, Ch Satyanarayan.

"We have entered memorandum of understanding with Heritage Foods Ltd. (HFL) to work jointly to provide dairy loans to the farmers," said Head Rural Banking (Agri and FI) and CSR, G.B Bhuyan.

"This relationship of Bank of Baroda, one of the premier banks of our country, with Heritage Foods Ltd (HFL) will immensely benefit the farmers in increasing their productivity and earnings under allied activities," added Bhuyan.

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First Published: Dec 30 2016 | 12:40 PM IST

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