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( 17/05/2018 16:38)
Ananda Dairy inks Rs 100-cr deal with SBI for cattle loans

Ananda Dairy today said it has signed a Rs 100 crore agreement with the State Bank of India to felicitate 50,000 farmers with cattle loans, reported PTI.

This MoU is aimed at giving an easy approach to farmers while applying for cattle loans, to further encouraging them to transform cattle farming into a profitable profession, the company said in a release.

The company processes 1,200,000 litres of milk a day, of which it collects over 800,000 litres from dairy farmers.

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