Corporate News     17-May-23
Godrej Agrovet partners with SBI
To meet financing needs for oil palm farming
Godrej Agrovet's Oil Palm Business is launching first-of-its-kind finance offering for oil palm farmers in partnership the State Bank of India (SBI).

A product jointly developed by the Company and country's leading public sector bank will enable farmers avail loan for setting up micro irrigation facility, set up fencing arrangement to protect from cattle grazing and improvement of tube well at their oil palm farms.

Introduced with an objective of aiding oil palm growth by improving Fresh Fruit Bunches (FFB) productivity, it will act as a catalyst to maintain juvenile gardens during the gestation period of first 5 years.

Launched initially for the oil palm farmers of Telangana state, Godrej Agrovet farmers from the states of Tamil Nadu, Odisha, Assam, Manipur and Tripura can now easily avail loan with the ticket-size of Rs. 1 lakh to Rs. 50 crore.

Previous News
  Nifty July futures trade at premium
 ( Market Commentary - Futures Market 05-Jul-24   16:16 )
  Nifty June futures trade at premium
 ( Market Commentary - Futures Market 11-Jun-24   16:40 )
  Sensex climbs 303 pts; PSU banks advance
 ( Market Commentary - Mid-Session 28-Jun-24   10:33 )
  Sensex, Nifty end sideways; media shares rally; VIX slumps 9.95%
 ( Market Commentary - Quick Review 11-Jun-24   15:50 )
  Nifty May futures trade at premium
 ( Market Commentary - Foreign Markets 09-May-24   17:00 )
  State Bank of India gains for third straight session
 ( Hot Pursuit - 03-Jun-24   13:05 )
  Nifty May futures trade at premium
 ( Market Commentary - Futures Market 15-May-24   16:30 )
  Godrej Agrovet consolidated net profit rises 46.85% in the September 2023 quarter
 ( Results - Announcements 04-Nov-23   07:32 )
  State Bank of India soars 0.5%, gains for fifth straight session
 ( Hot Pursuit - 11-Jun-24   13:00 )
  SBI gains as Q4 PAT climbs 24% YoY to Rs 20,698 cr
 ( Hot Pursuit - 09-May-24   15:24 )
  State Bank of India fixes record date for dividend
 ( Market Beat - Reports 09-May-24   14:07 )
Other Stories
  Jyoti Structures to conduct board meeting
  06-Jul-24   09:35
  New Light Apparels to declare Quarterly Result
  06-Jul-24   09:34
  Geojit Financial Services to convene board meeting
  06-Jul-24   09:34
  VIP Clothing announces board meeting date
  06-Jul-24   09:34
  Elitecon Intl. to conduct board meeting
  06-Jul-24   09:34
  Gautam Gems to announce Quarterly Result
  06-Jul-24   09:34
  Everest Industries schedules AGM
  06-Jul-24   09:33
  Family Care Hospitals to conduct board meeting
  06-Jul-24   09:33
  Infomedia Press to declare Quarterly Result
  06-Jul-24   09:33
  Mishtann Foods to table results
  06-Jul-24   09:33
Back Top