-17.25 (-1.66%) State Bank of India’s (SBI) JV - Neev Fund has made an undisclosed investment in Leap India Food and Logistics to develop agri-silos in states with low levels of capital investments.
The fund, which is a joint venture (JV) between largest lender SBI and UK’s Department for International Development (DFID), typically makes investment of up to $10 million for infrastructure creation.
SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.