Updated: 15 Dec 2022
HDFC Bank has partnered with integrated full-stack agriculture technology solutions provider Lawrencedale Agro Processing India (LEAF) to support the farming community in three southern states. As per the memorandum of understanding (MoU) that has been signed, the bank would extend its specialised services and facilities to farmers, agri-producers and other rural communities.
Following the MoU, HDFC Bank would work with LEAF Farmers Network in the operational areas under LEAF in Andhra Pradesh, Karnataka and Tamil Nadu. This agreement is signed to expand the financial accessibility and inclusivity of farmers and the scope of Farmer Producer Organisation ecosystem. With this deal, four lakh farmers across the three states stand to benefit.
HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.