State Bank of India (SBI), country’s largest public sector lender has inked pact with Sohan Lal Commodity Management (SLCM) for warehouse receipt financing and collateral management services for farmers. Through this alliance, SBI will provide post-harvest credit facility to farmers across India through affordable finance, scientific storage facilities and price discovery of their produce.
Sohan Lal Commodity Management will provide comprehensive warehouse management and other value-added services to farmers, processors, corporates, exchanges, among others across 100 plus locations in 20 states and in 32 different agricultural commodities.
