Bank of Baroda, a public sector lender, has inked a pact with EM3 Agri Services to provide loans to farmers and rural entrepreneurs for purchase of farm equipment and related machinery. The loan service will help create an ecosystem to provide end-to-end solutions to farmers.
This pact has been signed by the bank keeping in mind the government focus on doubling farmers’ incomes by 2022.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.
