Axis Bank, Nabard formed Farmers’ club across 12 states
By Joseph Samson
Feb 13, 2013
Print    Email    RSS   

Country's third largest private sector lender, Axis bank in association with the National Bank for Agriculture and Rural Development (Nabard) has formed Farmers' Club across 12 States to develop rural areas through technology transfer and more.

Under this club, 106 farmers were promoted through 16 agri business centres of Axis Bank since last one year, Axis Bank said in a statement.

Farmers' Club is a grass-root level informal association which will comprise of 10-15 farmers of the same or nearby villages promoted by rural/semi-urban branches.

Mr. M.V. Subramanian, President-Rural and Inclusive Banking, Axis Bank, said, "One major benefit has been quality agriculture business generation through these clubs. We are confident of timely repayment of these loans, owing to the increase in farm productivity to be achieved through concerted efforts with scientific cultivation practices."

The club has been formed to bridge the gap between rural customers and banks. The Club has undertaken activities ranging from base-level orientation training programme, capacity building exercise and ‘meet the expert' programme that will encourage the culture of better credit usage.

Along with regular training and nurturing of clubs by Nabard there will be regular interaction with various stakeholders like state government departments, input agencies build the required confidence and the knowledge-level of members.

Trained members are encouraged to pass on the technologies they have learnt to their fellow farmers in the villages and thus this will make the Farmers Club a tool for overall development of village.

Farmers Clubs are formed in 12 States of Tamil Nadu, Chhattisgarh, Karnataka, Andhra Pradesh, West Bengal, Madhya Pradesh, Maharashtra, Rajasthan, Utharakand, Kerala, Punjab and Gujarat.


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

A chronicle of excesses by loan recovery...
Paying back home loans: Which repayment...
Admissible deductions under Section 80C
Step up loans: An easy way to own a dream...
Top up loans: toppings on your home loan

PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive