Lakshmi Vilas Bank (LVB), the private sector lender, has entered into a tie-up with StarAgri for providing warehousing receipt financing and collateral management services.
This partnership aims to deliver post-harvest credit to farmers and players in agri-business chain across India through affordable finance, scientific storage facilities and fair price discovery of their produce.
StarAgri, with a network of 25 branches, provides integrated post-harvest management solutions, including over 2,200 warehouses in 16 different states, procurement and collateral management of agri-commodities.