Indian Agri Logistics Group Ties Up with United Amara Bank for Collateral Financing

Indian agri logistics and warehousing company SLCM Ltd, a wholly-owned subsidiary of Sohan Lal Commodity Management Group, has signed a memorandum of agreement with local lender United Amara Bank (UAB) for collateral financing in Myanmar. The move is aimed at strengthening the network for providing collateral management solutions to farmers, processors, traders, exporters and importers […]

Banks need incentive to take grain instead of gold

Two domestic banks have agreed to offer loans backed by commodities, allowing farmers to pledge items like beans and pulses as collateral for access to competitively priced financing for the first time. However, the appeal of warehouse receipt financing may be limited, as capped interest rates mean the lenders have little incentive to take on […]

SLCM Expands Myanmar Financing Network with CB Bank Tie Up

SLCM Ltd, a subsidiary of Sohan Lal Commodity Management Pvt Ltd, has inked a collateral financing deal with local lender CB Bank. The Delhi-based agri logistics and warehousing company said the move is aimed at providing agri-financing solutions to farmers, processors, traders, exporters and importers across Myanmar. According to the deal, the company would undertake […]