NEWS & ADVICE : CAR LOANS
Kotak Mahindra bank to take step for helping milk suppliers in Bengal
By Joseph Samson
Dec 18, 2013
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Kotak Mahindra Bank, along with Amul milk cooperation joined their hand together to benefit the milk suppliers of Bengal. Through this project the bank will pay the financial support to the Amul Milk suppliers in their prepaid cards. According to the record, it comes to know that near about 8000 farmers in milk supply business of 1200 cooperative societies will be facilitated through this.

The Kotak bank confirms that like Gujarat, this project is going to come in action from February onwards. Districts like Hooghly and Burdwan will come into this project at present. The bank also reveals that this benefit of providing prepaid financial support will also see its way in Haryana and Punjab. There they will cover the wheat and paddy field related supply. They bank also informs this payment process will help the milk suppliers on a daily basis. In previous times, this process used to be in a three days process.


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