Archive · 3 Sep 2025
SLCM Partners with Banks to Offer Collateral Management
Imagine farmers have crops like cotton or spices.
They need money, but banks want something safe to ensure they get paid back.
SLCM, a company that helps store and manage these crops, is teaming up with IDBI Bank and Punjab & Sind Bank.
This partnership lets farmers use their crops as a promise to pay back loans.
SLCM will watch over the crops, so the banks know they're safe.
This helps farmers get money more easily and helps the banks too.
This program is expanding across India, making it easier for farmers and the banks to work together.
SLCM partners with IDBI Bank and Punjab & Sind Bank for collateral management.
Punjab & Sind Bank's first tie-up for collateral management services.
SLCM expands to 27 banking partners across India and Myanmar.
Farmers gain access to financing for commodities like cotton and spices.
The partnership aims to strengthen India's agricultural economy.
- Who
- Sohan Lal Commodity Management Ltd (SLCM), IDBI Bank, and Punjab & Sind Bank
- What
- Partnership to offer unified collateral management services
- When
- September 3, 2025 (publication date)
- Where
- India and Myanmar
- Why
- To provide comprehensive financing and collateral management services to farmers.
- Company
- Sohan Lal Commodity Management Ltd (SLCM)
- Partners
- IDBI Bank, Punjab & Sind Bank
- Service
- Unified collateral management
- Partnership Goal
- Expand reach in the agri finance ecosystem
- Commodities involved
- Cotton, pulses, maize, spices, and other staples