Federal Bank ties up with data portal for loans against warehouse receipts


Federal Bank has partnered with leading online data and information portal Commodity Online for the distribution of loans against warehouse receipts and collateral management services across the country.

Commodity Online will roll out an agri commodity financing platform through its flagship portal www.commodityonline.com where farmers and traders can track commodity markets and warehouses online and get financing for their commodities quickly.
According to Mohan K, Deputy General Manager (SME & Agri), Federal Bank, the bank’s partnership with Commodity Online enables it to aggressively get into the online space to provide financing for agri commodities with collateral management across India. So, let’s discuss some questions related to this post:

Q1. Name the Private Lender, which has been partnered with leading online data and information portal Commodity Online for the distribution of loans against warehouse receipts and collateral management services across the India?
Ans1. Federal Bank

Source- The Hindu

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