Karnataka Bank inks pact with Tobacco Board to help farmers access credit with ease

Karnataka Bank has entered into a strategical concern with the Tobacco Board to supply customised fiscal solutions to registered baccy farmers crossed the State.

Under this initiative, the slope volition connection a dedicated suite of banking and recognition facilities designed specifically to conscionable the fiscal requirements of baccy farmers registered with the Board. The inaugural aims to facilitate timely entree to credit, beforehand fiscal inclusion, and enactment the sustainable maturation of the baccy farming community.

The concern was formally launched by Raghavendra S. Bhat, Managing Director and CEO of the bank, successful the beingness of Srinivasa B. C., Director of Auctions, Tobacco Board, successful Bengaluru connected May 29, a merchandise from the slope said connected Tuesday.