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Jammu & Kashmir Bank inks MoU with Mahindra & Mahindra’s Farm Equipment Sector

07 May 2022 Evaluate

Jammu & Kashmir Bank (J&K Bank) and Mahindra & Mahindra’s (M&M) Farm Equipment Sector have signed a memorandum of understanding (MoU) to finance Mahindra’s range of tractors and farm machinery.

As one of the oldest nationalised banks in India, with its corporate headquarters in Srinagar, J&K Bank will provide financing to prospective customers who can avail affordable and hassle-free financing facilities on Mahindra branded tractors and farm machinery, via its branches in Srinagar, Jammu & Kashmir, Punjab, Himachal Pradesh, Leh and Ladakh.

Jammu & Kashmir Bank is engaged in the banking business. The company offers a range of products and services, such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.

Peers
Company Name CMP
HDFC Bank 680.00
ICICI Bank 1388.50
Axis Bank 1206.20
Kotak Mahindra Bank 442.85
Indusind Bank 831.00
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