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Money & Banking - Farm credit
Agri-Biz & Commodities - Contract Farming


SBI, Dabur sign MoU to finance farmers

Our Bureau

New Delhi , Oct. 4

STATE Bank of India and Dabur India Ltd have entered into an agreement for financing farmers for production of medicinal and aromatic crops under contract farming arrangements.

An MoU in this regard has been signed by the Chief General Manager, (Delhi Circle), SBI, Mr B.K. Gairola and the Vice-President, Supply Management, Dabur India, Mr Jude Magima.

Under the MoU, the two sides have agreed to finance farmers for cultivation of medicinal and aromatic crops initially in Uttaranchal.

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