Karnataka Bank signs MoU with Edelweiss Integrated Commodity Management

To extend storage facilities and finance against warehouse receipts

Karnataka Bank has entered into a Memorandum of Understanding (MoU) with Edelweiss Integrated Commodity Management for extending storage facilities to farmers and finance against the warehouse receipts.

The finance to farmers will be extended under 'Krishik Bhadar' scheme of the Bank. Edelweiss Integrated Commodity Management has nominated Karnataka Bank as the preferred financier for extending finance to farmers against the warehouse receipts.

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