Union Bank of India’s Post

Credit in Retail, Agri and MSME (RAM) segments grown by 13.82% on YoY basis: Bank registered 11.14% YoY growth in Retail, 20.95% YoY growth in Agriculture and 8.58% YoY growth in MSME advances. 

We expect volume growth of 6-7 percent in fiscal 2025 from the rural consumers (40 percent of overall revenue), supported by expectation of better monsoon benefitting agricultural production, and hike in minimum support price supporting farm incomes," said Aditya Jhaver, Director, CRISIL Ratings. Get the article link in the comment section! Article Credit: The Economic Times #fmcg #retail #theeconomictimes #growth #ruraleconomy #income #IAMLIS

We expect volume growth of 6-7 percent in fiscal 2025 from the rural consumers (40 percent of overall revenue), supported by expectation of better monsoon benefitting agricultural production, and hike in minimum support price supporting farm incomes," said Aditya Jhaver, Director, CRISIL Ratings. Get the article link in the comment section! Article Credit: The Economic Times #fmcg #retail #theeconomictimes #growth #ruraleconomy #income #IAMLIS

Know FPOs and Why they're important. A Farmer Producer Organization (FPO) is a group of farmers that works together to improve their access to markets, technologies, and investments. FPOs can help small farmers in India, where most farms are less than a hectare, by improving their bargaining power and market connections. Here are some key facts about FPOs in India: Formation FPOs are formed by groups of 20 or more farmers from a village or cluster of villages. The minimum number of farmers required to form an FPO is 300 in plains, and 7-8 in hilly and north eastern regions. Support The Small Farmers' Agribusiness Consortium (SFAC) helps state governments form FPOs. The government also launched a Central Sector Scheme in 2020 to promote 10,000 FPOs. Benefits FPOs can help farmers by: Improving their access to markets, technologies, and investments Increasing their bargaining power Boosting their farm incomes Role FPOs act as aggregators for their members, which can enhance their economy of scale. They can also sell products through e-trading and distribute payments directly to member bank accounts.

Grain commerce platform Arya.ag has secured a $19.8 million commitment from the United States International Development Finance Corporation (DFC) to guarantee a debt facility for its agri-commerce subsidiary, Aryatech. The incoming round follows the $29 million equity funding raised by Arya.ag last quarter. According to the company's press release, the additional funding could bolster Arya.ag's capacity to connect farmers and farmer producer organizations (FPOs) with buyers across the country, ensuring payment security, transaction transparency, and better market access. Arya is India’s leading Agritech which has been working at the farmgate to strengthen agriculture value chains through its integrated range of services. Driving technology through a human-centered approach, Arya’s Agritech and Fintech platform leverages technology to bridge the Last Mile. Currently operating in 60% of India’s districts, Arya.ag manages over 11,000 agri-warehouses and claims to aggregate and store $3 billion worth of grain annually, while facilitating the disbursement of over $1.5 billion in loans to smallholder farmers, FPOs, and other stakeholders. ➡️ Follow us for more such updates: Your AgriStory #Aryaag #GrainStartup #AgriTech #AgriStartup #Funding

Sohanlal Commodity Management (SLCM) has partnered with the Bank of Baroda (BOB) to provide agricultural financing to farmers across India. This strategic partnership, highlighted in BFSI Economic Times, will enable farmers to access crucial credit against their crops, leveraging BOB's extensive nationwide network. At SLCM, we are constantly pushing the boundaries of innovation in the agriculture sector, integrating advanced technologies into our solutions to make agricultural operations more efficient and sustainable. Our technology-driven services, such as fully digitized warehouse management system (WMS) ensure that agricultural commodities are stored securely, tracked in real-time, and seamlessly linked to financing solutions. These innovations not only help farmers access credit but also ensure that they can manage their agricultural products efficiently, leading to improved productivity and financial stability. This partnership marks a significant milestone in our journey to empower the agriculture ecosystem by improving accessibility to finance, especially for farmers in rural India. As we continue to set new standards in agro-logistics and agricultural financing, SLCM is proud to be recognized by leading media outlets like BFSI Economic Times for its role in transforming the industry. With over 17,000+ warehouses, a focus on operational excellence, and a deep understanding of the unique needs of the agricultural sector, SLCM is proud to be leading the way in modernizing agriculture and enhancing the livelihoods of farmers. Click on the link for more info: https://bit.ly/4eHRlf3 #SLCM #AgriculturalInnovation #AgricultureFinancing #BankOfBaroda #BFSI #AgroLogistics #CollateralManagement #TechnologyInAgriculture #FarmersFirst #FinancialInclusion

Watch Mr. Vinit Sharma, our Senior Vice President, on NCDEX Mandi Channel as he shares his insights on regulating investor market strength and discusses key trends that have shaped the commodity trading landscape. Click here to view the full story and subscribe to the NCDEX Mandi YouTube channel: https://lnkd.in/dtZYQiwe NCDEX e Markets Ltd. NICR India National e-Repository Limited (NeRL) National Commodity Clearing Limited Ministry of Agriculture & Farmers Welfare, Government of India Ministry of Skill Development and Entrepreneurship, India AGRICULTURE SKILL COUNCIL OF INDIA National Council for Vocational Education and Training (NCVET), MSDE, Government of India SFAC India National Cooperative Development Corporation (NCDC) FICCI NABARD - National Bank for Agriculture and Rural Development FDRVC (Foundation For Devlopment Of Rural Value Chains) JEEVIKA, Rural Development Department, Government of Bihar ACCESS Development Services krushi Vikas Indian Society of Agribusiness Professionals (ISAP) Confederation of Indian Industry Agriculture Today Group Institute of Livelihood Research and Training (ILRT) Reliance Foundation SEBI GIZ India National Cooperative Union of India (NCUI) Institute of Rural Management Anand (IRMA) Krishi Jagran IFFCO Kisan Finance Limited HCLFoundation Cluster Marketing Cell Tata-Cornell Institute for Agriculture and Nutrition Department of Consumer Affairs Indian Ministry of Finance Iti Bedi Purusharth Pratap Singh Pankaj Bhatt piyush jain ROHAN DHANDE Adapala Srinivasa Rao #NCDEX #MandiDotCom #Agriculture #CommodityTrading #CommodityDerivatives

The Government of India is implementing the Central Sector Scheme (CSS) for the “Formation and Promotion of 10,000 Farmer Producer Organisations (FPOs)” scheme to form and promote 10,000 new #FPOs. As per a press release by ministry of agriculture as on 30.06.2024, 8875 FPOs have been registered across the country. As on 30th June 2024, the total paid up capital to above mentioned FPOs is Rs.630.3 Crore and a cumulative amount of ₹210.1 Cr. was released to eligible FPOs as matching equity grant under the aforesaid 10,000 FPOs scheme. The scheme provides supports for a credit guarantee fund, under which loans worth Rs.50.4 crores have been issued to these FPOs. However, the number of FPOs registered is still not clear and State of the sector report on FPO 2024, mentioned that from 2013 to 2024, the total number of FPOs in the country crossed 30,000. Huge funding is provided to support promotion and development of FPOs for #agriculture #sustainableagriculture. Still, this fast growing segment faces funding issues. The FPO segment is evolving very fast and throws an opportunity for bankers for lending with well thought strategies. Looking at the challenges in financing FPOs and thier value chain National Institute of Bank Management (PGDM) announces a training program on "Financing FPOs and agri value chain" on March 3rd -5th 2025. This training program intends to discuss opportunities, challenges and strategies for the same. Refer the brochure for the details. Please feel free to get back to me or Dr. Naveen Kumar K for any query and clarification. #prioritysector #inclusivebanking #agriculturelending

Voices from the Field: FPO Experiences with the Exchange Hear directly from the Farmer Producer Companies (FPCs) about their journey with the Agri Commodity Exchange. From managing price risks in volatile markets to learning the importance of quality produce, the Exchange has empowered FPOs to achieve better prices and greater market access. Join the growing community of FPOs leveraging tools like hedging, price discovery, and risk management to secure a brighter future for their members. Be a part of this transformational journey today! NCDEX e Markets Ltd. NICR India National e-Repository Limited (NeRL) National Commodity Clearing Limited Ministry of Agriculture & Farmers Welfare, Government of India Ministry of Skill Development and Entrepreneurship, India AGRICULTURE SKILL COUNCIL OF INDIA National Council for Vocational Education and Training (NCVET), MSDE, Government of India SFAC India National Cooperative Development Corporation (NCDC) FICCI NABARD - National Bank for Agriculture and Rural Development FDRVC (Foundation For Devlopment Of Rural Value Chains) JEEVIKA, Rural Development Department, Government of Bihar ACCESS Development Services krushi Vikas Indian Society of Agribusiness Professionals (ISAP) Confederation of Indian Industry Agriculture Today Group Institute of Livelihood Research and Training (ILRT) Reliance Foundation SEBI National Cooperative Consumers' Federation Of India Limited (NCCF) National Cooperative Union of India (NCUI)) Institute of Rural Management Anand (IRMA) Krishi Jagran IFFCO Group IFFCO Kisan Finance Limited HCLFoundation Cluster Marketing Tata-Cornell Institute for Agriculture and Nutrition Department of Consumer Affairs Indian Ministry of Finance Iti Bedi Purusharth Pratap Singh Pankaj Bhatt piyush jain ROHAN DHANDE Adapala Srinivasa Rao #FPO #CommodityTrading #AgriFutures #RiskManagement #Hedging #PriceDiscovery #NCDEX #Farmers #Agriculture #VoicesFromTheField #CommodityDerivatives

What Have We Truly Built in 16 Years at Star Agriwarehousing & Collateral Management Ltd? As I reflect on our journey, I often ask myself: What have we really built in this decade and a half? What have we earned along the way? The answer that always echoes back is TRUST. Trust has been the foundation of all our accomplishments. With a team of over 1,000 employees, here's what we've built and earned:: The Trust of Farmers: We are proud to have earned the trust of over 4 lakh farmers and over 10,000 Farmer Producer Organizations (FPOs). Our relationship goes beyond simple partnerships—we guide them on crop and irrigation patterns, provide secure storage for their produce, and even help them connect with buyers through our e-mandi app,, agribazaar. We’ve become a trusted advisor and partner to farmers across India. #Agriculture #FarmersFirst #AgriTech The Trust of Banks: More than 25+ leading PSU and private banks across the country trust us as their warehousing collateral manager. We've created a transparent and robust credit appraisal mechanism that helps banks meet their priority sector lending goals. In the unpenetrated and often misunderstood world of rural credit, collateral finance empowers farmers by giving them financial freedom and better pricing power. This trust is something we hold with great pride. #RuralCredit #FinancialInclusion #Banking The Trust of India’s Leading Brands: Today, some of the country’s most trusted FMCG and MNC food brands rely on us to store their purchased produce. From the biscuits you dip in your morning tea to the nutritious atta that makes up your family’s meals, we handle more than 100+ types of commodities. Our warehouses, spread across rural India, serve as granaries and the backbone of India's food security. #FMCG #FoodSecurity #SupplyChain As we look forward, our focus remains on growth—both in terms of business and healthy financials. Today, we are one of the only profitable agritech start-ups in India. But beyond financial success, our greatest joy and achievement lie in creating an agri-ecosystem in India that is trusted, transparent, and thriving for all stakeholders. For us, the crowning glory is in the lives we’ve touched, the trust we’ve built, and the ecosystem we continue to shape—an ecosystem where every stakeholder, from farmers to banks to small & ancillary agri-businesses and brands, are empowered to reach new heights. This is what we’re truly proud of. And this is the legacy we’re committed to building. Agriwise Finserv Ltd. #AgriBusiness #Sustainability #Trust #India