Mumbai: Bank of Baroda, India’s International Bank, on its 110th Foundation Day, with the objective to focus on government’s priority in doubling of farmer’s income by 2022 is creating an ecosystem to provide end to end solution to farmers by entering into MOU with Lawrencedale Agro Processing India Pvt. Limited to finance the farmers, companies and other associated parties involved in supply of vegetables and fruits procured by LEAF. “LEAF” is a well-established company engaged in various agriculture activities like procurement, aggregating, grading, sorting, cleaning, packaging, storage, transportation and distribution of fresh fruits and vegetables.
Mr. G.B.Bhuyan, Head- Rural & Agri Banking and CSR presided over the function and exchanged MOU with Mr. Vijayraghvan P., CEO of Lawrencedale Agro Processing India Pvt. Limited
On this occasion Mr. G.B.Bhuyan, Head- Rural & Agri Banking and CSR said “We have entered memorandum of understanding with Lawrencedale Agro Processing India Pvt. Limited to work jointly and to provide loans to the farmers. This relationship of Bank of Baroda, one of the premier banks of our country, with Lawrencedale Agro Processing India Pvt. Limited will immensely benefit the farmers in increasing their productivity and earnings.”