Imran Khan
Bank of Baroda to give tractor loan
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.
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