J&K Bank ties up with NCML

Jammu and Kashmir (J&K) Bank has entered into a partnership with National Collateral Management Services to finance industries, traders and farmers at every stage of the supply chain, ranging from pre-harvesting, marketing to export. Sanjay Kaul, Managing Director, NCML, said the arrangement would result in substantial new business across J&K and several other northern States. The tie-up would further consolidate the bank’s presence with the wide network of NCML warehouses in various States and serve the stakeholders in the agriculture supply chain. NCML is a national-level institution, promoted by IFFCO, Rabo Bank, IFC, Canara Bank, State Bank of Patiala, PNB, HDFC Bank, Karur Vysya Bank, YES Bank, NCDEX and Hafed.