National Collateral Management Services Ltd (NCMSL) on Friday said it has entered into a strategic partnership with Central Bank of India (CBI) for collateral management and warehousing services.
The objective of these services will be to assist industries, traders and farmers in financing their capital requirements at all stages of the supply chain, ranging from pre-harvesting to the marketing and export stages, NCMSL said in a release.
The tie-up with CBI will help to spread agricultural finance and promote warehousing receipt financing.
(Published 25 January 2013, 16:46 IST)
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