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SLCM and Bank of Baroda partner to enhance agricultural financing services
Sohan Lal Commodity Management (SLCM) has partnered with Bank of Baroda to enhance agricultural financing through collateral management services, enabling farmers to secure credit against their crops. With over 17,000 warehouses and 36 cold storage facilities across 19 states, SLCM reported a 73% increase in assets under management, reaching Rs 11,952 crore in the first half of fiscal 2024-25. The company"s Agri Reach technology aims to reduce default risk and improve financial access within the agricultural sector.
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