SBI ties up with EPC Industrie

State Bank of India entered into tie-up with EPC Industrie Ltd, part of Mahindra Group to finance farmers for micro irrigation systems.

EPC is engaged in manufacturing and selling of micro-irrigation systems, crop management services and agriculture pumps.
 
In the tie-up EPC will help the bank to identify eligible farmers with a requirement for micro irrigation systems, crop management services, agriculture pumps.  

"It is expected that a large number of farmers will be financed through this tie-up in the coming months as use of water-saving methods like drip and sprinkler irrigation method, is being encouraged by various state governments" the bank said in a statement.