Kwality partners Bank of Baroda for Rs 4k cr loan to farmers

0
89

Dairy firm Kwality Ltd today said it has signed an agreement with of Baroda for providing Rs 4,000 crore loans to the former’s one lakh farmers from whom the company procures milk.

In a filing to BSE, Kwality said it “has signed an MoU with of Baroda…To disburse Rs 4,000 crore of loans to its one lakh farmers in initial phase out of its established network”.