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.