October 22, 2020 03:18 (IST)
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Bank of Baroda to give tractor loan Imran Khan

Bank of Baroda to give tractor loan

India Blooms News Service | @indiablooms | 20 Sep 2020, 04:26 pm

Mumbai/UNI: Bank of Baroda, country’s leading public sector bank, announced on Saturday that it has taken three initiatives in single day, all focused on providing better financial service to farmers and empowering them towards farm mechanization.

It will roll out cluster model tractor financing in 11 zones.

For this, it will sign an agreement with Baroda-based tractor manufacturer M/s Gromax Agri Equipment Ltd to provide price discount on bank finance and mega disbursement of tractor loans in India.