Kalpataru Power Transmission’s unit - Shree Shubham Logistics (SSLL) has inked a memorandum of understanding (MOU) with Punjab National Bank (PNB), Oriental Bank of Commerce (OBC) and Yes Bank. The company has signed MOU with the bank to benefit large number of farmers in availing post-harvest credit facilities.
As per the MOU, for extending post-harvest credit facilities to farmers, traders and other market participants, SSLL will now provide collateral management and referral services to these banks. SSLL had previously inked agreement with many banks like SBI, DCB, Axis Bank, IndusInd Bank, ICICI Bank and Union Bank of India to name the few.
SSLL is managing around 50 warehouses with storage capacity in excess of 6 lakh metric tonnes. To facilitate commodity finance in Rajasthan it has got network of RSWC warehouses.
Kalpataru Power Transmission is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission and distribution, oil and gas pipeline, infrastructure development, civil contracting and warehousing and logistics business with a strong international presence in power transmission and distribution.
