Business Standard

Lakshmi Vilas Bank, StarAgri tie-up for agri-financing

Image

Press Trust of India Mumbai
Lakshmi Vilas Bank (LVB) today said it has tied up with StarAgri for providing warehousing receipt financing and collateral management services.

The partnership aims to deliver post-harvest credit to farmers and players in agri-business chain across India through affordable finance, scientific storage facilities and fair price discovery of their produce, the private lender, which has 400 branches, said in a release here.

StarAgri, with a network of 25 branches, provides integrated post-harvest management solutions, including over 2,200 warehouses in 16 different states, procurement and collateral management of agri-commodities.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 09 2015 | 10:22 PM IST

Explore News