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Money & Banking - Private Banks
Agri-Biz & Commodities - Farm credit
YES Bank to catalyse modern markets

Our Bureau

Mumbai, July 15

YES Bank has been retained as national consultants and financial advisors for the Central Committee headed by the Union Ministry of Agriculture on the establishment of `modern terminal market complexes' for agricultural perishables. The bank has been mandated to structure the optimal ownership and operational model as also develop the framework for selection of successful private enterprises that are envisaged to operate the markets. In its effort to transform the staid and antiquated farm goods markets, the Government has decided to connect the various marketing yards, in addition to allowing setting up of modern mandis by the private sector. These markets would be equipped with latest infrastructure. It will facilitate greater market access and improve marketability of farm produce. Delivery of price and market information will help growers and consumers take informed decision.

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