The Hindu Business Line : Dena Bank in pact with Nabard for co-financing

DENA Bank is the second bank to enter into a Memorandum of Understanding (MoU) with National Bank for Agriculture and Rural Development (Nabard) for co-financing.

The MoU signed by Mr S.S. Acharya, Chief General Manager, Nabard and Mr R.H. Khandelwal, General Manager, Dena Bank, will facilitate co-financing of agricultural projects, said a press release.

The co-financing will involve appraisal and financing of projects in the fields of high-tech agricultural projects, export oriented agricultural projects, projects involving large financial outlays, sunrise technologies and others.

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Dena Bank in pact with Nabard for co-financing