Lakshmi Vilas Bank Ties Up With NBHC For Collateral Management & Warehousing

Posted on:25 Mar 2016 16:21:02

Lakshmi Vilas Bank Ties Up With NBHC For Collateral Management & Warehousing
25 March 2016 Current Affairs GK: Private lender Lakshmi Vilas Bank has tied up with National Bulk Handling Corporation (NBHC) for collateral management and warehousing services. "Lakshmi Vilas Bank announces its alliance with National Bulk Handling Corporation Private Limited (NBHC), a major agri-infrastructure player, established in 2005 for collateral management and warehousing services," Lakshmi Vilas Bank said in a statement on March 23,2016. The objective of these services will enable industry traders and farmers in financing their capital requirements at all stages of supply chain, ranging from pre-harvesting to the marketing and export stages, it added. This would allow the bank to provide financial flexibility to farmers, minimising the seasonal price fluctuations and distress sales during crop harvest season, the statement said. NBHC caters to the needs of the members of the commodities future exchange for strong commodities and delivery through designated warehouses. It also assures on the quality and quantity by maintaining the inherent quality during the period of storage and up to the time of delivery of the traded commodities.

Gk Current Affairs April 2017

27 APRIL
NEWS
26 APRIL
NEWS
25 APRIL
NEWS
24 APRIL
NEWS

Gk Current Affairs March 2017

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS

Gk Current Affairs February 2017

28 FEBRUARY
NEWS
27 FEBRUARY
NEWS
25 FEBRUARY
NEWS
24 FEBRUARY
NEWS




Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.