The country's largest public sector bank, State Bank of India, has entered into collaboration with Sohan Lal Commodity Management (SLCM) to provide loans to farmers for completing the post harvest activities and to avail storage facilities for their harvest.
SBI issued a statement which said that it has tied up with SLCM last Friday to boost its agri loans book further. Currently, its agricultural portfolio stands at Rs. 1, 00, 000 crore and it is planning to take its business in this segment to cross Rs. 150 crore through this deal.