Express Computer
Home  »  Internet  »  SBI plans to disburse agricultural loans digitally

SBI plans to disburse agricultural loans digitally

0 452

The country’s largest lender SBI is running pilot projects to disburse agricultural loans digitally and expects to roll out the services very soon, a top official said. “We are doing some pilot projects. We have tied-up with some players for settlement of payments. Also the digital land records of farmers are available,” SBI MD (Retail & Digital Banking) P K Gupta said on the sidelines of an event.

When asked about the time-line for the launch of the services, he said as the pilot projects are on already, the bank hopes to provide such services soon. Speaking at the Inclusive Finance India Summit 2018, Gupta said there are lot many fin-tech players presently and many states also have the land records of the farmers, so it will help in providing digital loans to farmers using technology.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image