Karnataka Bank Ltd has signed a memorandum of understanding (MoU) with the Rajkot-based Tirth Agro Technology Pvt Ltd (manufacturer of agricultural equipment and implements) for financing agricultural mechanisation.Quoting P Jayarama Bhat, Managing Director and Chief Executive Officer of the bank stated that the MoU aims to work together to promote agricultural mechanisation by utilising the experience the bank has in agricultural finance through its vast network of branches and the expertise of the company in the field of manufacturing of agricultural equipment and implements.
So, let’s discuss some questions related to this post:
Q1. Name the Private lender, which has signed an MoU with the Tirth Technology Pvt Ltd for Financing agricultural mechanisation, recently?
Ans1. Karnataka Bank