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Star Agri warehousing and Collateral Management (StarAgri) has entered into a strategic tie-up with State Bank of India for warehousing receipt financing and collateral management services. The partnership will deliver post-harvest credit facility to farmersempowering them to access affordable finance, scientific storage facilities and fair price discovery of their produce. StarAgri will also get to extend its services through SBI’s 9,426 rural and semi rural branches. As part of the tie-up, SBI will provide post-harvest credit facilities while StarAgri will offer warehousing and other value-added services to farmers. The produce stored in StarAgri’s warehouses will act as collateral for the finance extended by SBI.
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