Archive · 3 Sep 2025

SLCM Partners with Banks to Offer Collateral Management

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.

Sources