Financial Daily from THE HINDU group of publications
Thursday, Jan 27, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Money & Banking - Consumer Finance


Vijaya Bank loan to buy TAFE tractors

Our Bureau

CHENNAI: Vijaya Bank has signed an agreement with Tractors and Farm Equipment (TAFE), a part of the Chennai-based Amalgamations Group, to enable farmers to buy tractors on softer terms.

According to a Vijaya Bank press release, the bank will finance farmers with a minimum holding of four acres of land. Earlier, the landholding requirement was eight acres for financing the purchase of tractors. Farmers used to get a discount of Rs 3,000 from the manufacturers/authorised dealers.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Widening US trade, budget deficits begin to hurt — Dollar losing favour with most central banks


Too many dollars? Easy come, easy go
Shifts in focus of household savings
Vijaya Bank to network 80 pc of biz by next fiscal
AP asks banks to cut interest rates on loans under housing scheme
Vijaya Bank loan to buy TAFE tractors
LIC South zone settles 268 tsunami claims
RBI report highlights States' fiscal slippages
HDFC Bank allots additional ADS
SBBJ hopes to grow retail lending by 65%
CPI (M) against consolidation
PSBs merger plan on a sticky wicket — Left parties, unions in no mood to relent
Aurangabad co-op depositors' claims to be settled
LVB board meet to finalise rights issue


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line