Lakshmi Vilas Bank Ties Up With NBHC For Collateral Management & Warehousing
Posted on:25 Mar 2016 16:21:02
Free Current Affairs to Your Email
25 March 2016 Current Affairs: 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.
FreshersLive - No.1 Job site in India. Here you can find latest 2017 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.