Current Affairs - Banking - Discussion

Agri service solutions provider Sohan Lal Commodity Management (SLCM) and Myanmar ties up with HDFC Bank and IndusInd Bank to provide collateral management services. This tie-up will not only help improve the farmers' access to post-harvest credits at affordable interest rates, it will also provide easy access to scientific storage facilities leading to a fair price discovery of their products in the market. SLCM will also leverage its proprietary (patent pending) technology 'Agri Reach'.