SBI Signs MoU with Escorts for Tractor Financing

State Bank of India (SBI) has signed an agreement with Escorts Ltd. to finance farmers for purchase of Escorts tractors.

The tie-up with Escorts is to promote, market and make accessible, organized finance facility, with superior features, at competitive interest rates to farmers across the country. 
Important Takeaways from Above News for RRB PO Mains Exam-
  • SBI headquarters in Mumbai, Maharashtra.
  • It was established on 1 July 1955.
  • Rajnish Kumar is the present Chairman of SBI.
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