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VST Tillers Tractors enters into MoU with Karnataka Bank

25 Jul 2014 Evaluate

VST Tillers Tractors has entered into a Memorandum of Understanding (MoU) with Karnataka Bank, a leading private sector bank, for financing farmers for purchase of Tractors, Tillers and Farm Machineries. The finance will be extended under Krishik Sarathi scheme of the bank.

VST Tillers Tractors has nominated the bank as a preferred financier for extending finance to farmers for purchase of Tractors, Tillers and Farm equipments. The company will offer special discount to the farmers who will purchase the tractor and other equipments under this MoU with the bank.

VST Tillers Tractors was incorporated in technical collaboration and joint venture with Mitsubishi Heavy Industries and Mitsubishi Corporation, Japan for the manufacture of Power Tillers and Diesel Engines.

Peers
Company Name CMP
Escorts Kubota 2794.80
VST Tillers Tractors 4236.55
Indo Farm Equipments 136.75
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