Bank of Baroda has signed an MoU with agriculture services companies to develop an agriculture digital platform, Baroda Kisan, which will provide solutions for agricultural requirements. BoB has signed the agreement with Skymet Weather Services, Weather Risk Management Services, BigHaat, Agrostar India, EM3 Agri Services, and Poorti Agri Services.
The platform intends to make a holistic approach towards solving agricultural plights by means of providing reliable and customised information, inputs for use, the convenience of renting farm equipment, and market linkage for sale of agriculture produce.
Source: The Hindu Business Line
Static/Current Takeaways Important for LIC AAO Exam:
- P. S. Jayakumar is the MD and CEO of Bank of Baroda.
- It headquarters in Vadodara, Gujarat.