Karnataka Bank Ltd has entered into a memorandum of understanding with Standard Corporation India Ltd for financing customers who purchase combine harvester, hydraulic cranes and tractors of various models.

A bank release said here on Friday that the finance will be extended under the bank's KBL – Krishik Sarathi scheme. Mr B. Ashok Hegde, General Manager of the bank, and Mr M.L. Mehta, General Manager of Standard Corporation India Ltd, signed the MoU, the release added.

comment COMMENT NOW