New Delhi – Punjab & Sind Bank celebrated Kisan Diwas by organising Agriculture Financing Camps at all the Zonal Offices in different parts of country, reaffirming its commitment to supporting agriculture and promoting sustainable growth in the food processing sector which has been identified as champion sector by the Bank.
Speaking on the occasion, Shri Swarup Kumar Saha, Managing Director & Chief Executive Officer of Punjab & Sind Bank, said:
“Punjab & Sind Bank has declared Food and Agro Processing as Champion Sector and customised its various Agri products keeping in view the requirements of the food and agro processing industry. Bank has always stood by the farming community and entrepreneurs engaged in agro-based industries. By providing timely credit and financial guidance, we aim to strengthen the backbone of India’s rural economy and contribute to the vision of making India a global hub for food processing.”
The camps witnessed enthusiastic participation from farmers, agro-entrepreneurs, and representatives of food processing units. Bank officials provided detailed guidance on financing schemes, government-supported initiatives, and tailored loan products designed to meet the unique needs of the agro-processing industry. During the Kisan Diwas initiative, the Bank mobilised credit proposals amounting to Rs 2600 Cr in Agriculture, Rs. 4000 Cr in MSME and Rs.1000 Cr in Retail segment.
Key highlights of the camp included:
• Awareness sessions on credit facilities for Agriculture Sector at various locations on a PAN India basis.
• On-the-spot loan sanctioning for eligible participants.
• Consultations with experts on modern agro-processing technologies and market linkages.
• Information on government schemes such as subsidies and incentives for food processing ventures.
The initiative is part of Punjab & Sind Bank’s broader mission to promote financial inclusion and support sectors critical to India’s economic development. The Bank remains committed to organising more such camps across the country to ensure farmers and entrepreneurs have access to affordable credit and financial literacy.
As a part of the broader initiative, the Bank also organised customer meets aimed at boosting credit growth, resulting in overall mobilisation of credit proposals aggregating to Rs.14500 Cr inclusive of Corporate credit proposals.
