Lakshmi Vilas Bank ties up with NBHC for collateral management & warehousing – Feedback

Private lender Lakshmi Vilas Bank has tied up with National Bulk Handling Corporation (NBHC) for collateral management and warehousing services.

“Lakshmi Vilas Bank announces its alliance with National Bulk Handling Corporation Private Limited (NBHC), a major agri-infrastructure player, established in 2005 for collateral management and warehousing services,” Lakshmi Vilas Bank said in a statement today. The objective of these services will enable industry traders and farmers in financing their capital requirements at all stages of supply chain, ranging from pre-harvesting to the marketing and export stages, it added. This would allow the bank to provide financial flexibility to farmers, minimising the seasonal price fluctuations and distress sales during crop harvest season, the statement said.

http://economictimes.indiatimes.com/industry/banking/finance/banking/lakshmi-vilas-bank-ties-up-with-nbhc-for-collateral-management-warehousing/articleshow/51527442.cms

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