Central Bank of India has entered into a Memorandum of Understanding (MoU) with Kwality for providing financial assistance for expansion/establishment of dairy farm of Milk Producer Farmers (MPF) under it's ‘Cent Dairy’ scheme.
As per the MoU, Kwality will identify the farmers who supply milk to them and are in requirement of financial assistance. The company will then recommend their names to the bank, which would extend its credit facility to the MPF after checking the farmer’s credentials.
Central Bank of India has been serving more than 3,50,00,000 account holders through its 4,400 branches, 6 extension counters, 29 Satellite offices, 1,970 ATMs and 2,413 ultra small branches (USBs).
