State Bank Of India

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SBI’s JV invests in Leap India Food and Logistics

Date: 10-04-2018

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.