Thursday, May 23, 2024

Grand event of the fourth edition of ‘Baroda Kisan Pakhwada’ in Bank of Baroda

Bank of Baroda (BoB), one of the major public sector banks in India, is successfully
organizing a very special program “Baroda Kisan Pakhwada” and “Baroda Kisan Diwas” for the last three years at PAN India level. Continuing this wonderful tradition, Bank has decided to organize “Baroda Kisan Pakhwada” on the occasion of World Food Day on 16 October 2021 from 16 October to 31 October 2021 all over the country.

On this occasion, a press conference was organized at Bank of Baroda, Zonal Office,
Jaipur and during which General Manager & Zonal Head, Mr. Mahendra Singh Mahnot
has informed that in this financial year the total business of Bank of Baroda Jaipur Zone in the agriculture sector is Rs. 14,667 crore in the State of Rajasthan, vide which 6.75 lakh farmers have been provided agricultural credit facilities. Out of which 5.52 lakh are BKCC account holders (Amount Rs.11,965 crore), and last year between September 2020 to September 2021, agricultural credit has increased by 7% year on year. The operation of the “Center for Agriculture Marketing and Processing” (CAMP) unit in Jaipur Zone was started by the Bank from October 01, 2021. CAMP is a dedicated credit delivery model with a focus on providing financial assistance to non-traditional agricultural products and handling the marketing of agricultural products. CAMP is staffed with trained staff having the understanding and experience in handling high value credit accounts. The Bank will also promote collaboration with local organizations for better quality business.

Underlining the main objective of the Baroda Kisan Pakhwada, the Zonal Head of Bank
of Baroda said that – in line with the theme of Food and Agriculture Organization (FAO) this year, the theme of this program is also based on the theme of “Our actions are our Future”. . The main objective of this initiative is to express gratitude and respect the contribution of the farming community in the economic development of our country. In this grand event, we are focused on connecting the farmers with our bank and creating awareness about the information regarding schemes/initiatives pertaining to Agriculture loan to the existing farmers.

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