ties up with MAS Financial Services to offer agri-finance to farmers

the latest tech news, global tech news daily, tech news today, startups, usa tech, asia tech, china tech, eu tech, global tech, in-depth electronics reviews, 24h tech news, 24h tech news, top mobile apps, tech news daily, gaming hardware, big tech news, useful technology tips, expert interviews, reporting on the business of technology, venture capital funding, programing language

digital,, MAS Financial services, NBFC, Farming, FPO, Aryadhan Financial Services

Integrated grain commerce platform on Tuesday announced a tie-up with MAS Financial Services, an NBFC, to offer agri-finance to farmers with a specific focus on small farmers and FPOs. The services will be offered by’s lending services arm, Aryadhan Financial Services.

the latest tech news, global tech news daily, tech news today, startups, usa tech, asia tech, china tech, eu tech, global tech, in-depth electronics reviews, 24h tech news, 24h tech news, top mobile apps, tech news daily, gaming hardware, big tech news, useful technology tips, expert interviews, reporting on the business of technology, venture capital funding, programing language

The alliance will leverage’s digital technologies-led customer interface that enables a seamless and intelligent new-age end-user experience delivered over the fintech platform.’s distinct near-farm gate integrated offering, spanning storage solutions, digital lending and digital marketplace, works as the ideal platform for small & marginal farmers otherwise deprived of access to financial services.

Initially, the tie-up will offer digital lending services delivered over’s platform, to farmers in Maharashtra, Gujarat, Rajasthan and Madhya Pradesh. With this tie-up, & MAS Financial Services are aiming to achieve INR 100 crore co-lending portfolio with new-age digital technologies driving this enablement. For borrowers, the eventual benefit is in the form of competitive costs and hassle-free loan processing with technology at the back end taking care of all inter-financier transaction requirements.

Global Tech News Daily

The farm produce-as-collateral model has ensured that’s lending services has been NPA-free since inception with an average per borrower ticket size of Rs 28 lakh. The technology-led model of enables minimizing transaction costs along with lower interest rates for the borrowers while expediting the turnaround time (TAT) for loan disbursements. The company facilitates finance of over $700 million annually.

The company is also in discussion with various banks for co-lending arrangements as it aims to serve as the biggest fintech platform in the agri-space with a win-win proposition for both recipient farmers and Banks which presently face challenges in reaching out to rural India with limited connectivity.

News Related


EU unveils 43-billion-euro plan to boost chips supply

The EU on Tuesday unveiled a plan to quadruple the supply of semiconductors in Europe by 2030, hoping to limit the bloc’s dependence on Asia for a key component used ... Read more »

Navjot Singh Sidhu's wife, AAP leader Bhagwant Mann question CM Charanjit Singh Channi's humble background image

Punjab Chief Minister Charanjit Singh Channi (File image) Punjab Congress president Navjot Singh Sidhu’s wife Navjot Kaur on Tuesday tore into Chief Minister Charanjit Singh Channi’s humble background image, saying ... Read more »

BP Tops Q4 Earnings Estimates on Higher Commodity Prices

Earnings Beat: Headquartered in London, BP plc BP reported fourth-quarter adjusted earnings of $1.23 per American Depositary Share (ADS) on a replacement cost basis. The bottom-line beat the Zacks Consensus Estimate of earnings ... Read more »

Reopening schools not enough, need to reintegrate children back into system: Nobel laureate Abhijit Banerjee

Learning losses due to school closures are one of the biggest global threats to long-term recovery from COVID-19 and the economic cost will be severe if corrective action is not ... Read more »

Dharma Sansad case: Dasna temple chief priest Yati Narsinghanand gets bail

Haridwar court has granted bail to Dasna temple chief priest Yati Narsinghanand in the controversial Haridwar Dharma Sansad hate speech case. Narsinghanand was arrested in connection with the case on ... Read more »

All Karnataka high schools, colleges to be shut for next three days amid hijab row

Amid the ongoing row over the use of hijab by Muslim girls in classrooms, Karnataka Chief Minister Basavaraj Bommai on February 8 announced the closure of all high schools and ... Read more »

3 Stocks for Bargain Hunters to Buy Now

These 3 Stocks Could Be Great Deals At Current Levels It doesn’t matter what you are buying, nothing compares to the feeling of getting a good deal. That can certainly ... Read more »

Jabil Circuits Stock is a Resilient Electronics Play

Electronics manufacturer Jabil Circuit (NYSE: JBL) stock has be relatively resilient amidst the sell-off in the benchmark indexes. The Company manufactures electronics products various diversified industries including mobility, healthcare, connected ... Read more »

Tyson Foods Flies To New Highs 

Deep-Value Tyson Foods Breaks Out On Strong Results  Tyson Foods (NYSE: TSN) is being supported by higher pricing across all of its product lines but there is more to the ... Read more »

Blue Tribe Raises Investment from Virat Kohli and Anushka Sharma

Blue Tribe, the homegrown plant-based meat brand, has received investments from celebrity power couple of India, Anushka Sharma and Virat Kohli. They are also the brand ambassadors of the foodtech ... Read more »

MarketBeat Podcast - Stocks Not to Invest In with Will Rhind

Fund investing has its place for most investors. However, virtually all mutual funds and ETFs inject a certain amount of risk into a portfolio. And managing that risk can feel ... Read more »

Is Enphase Energy Clearing a Low Bar or a Large Hurdle?

For bullish investors will a strong earnings report be enough  Enphase Energy (NASDAQ: ENPH) is up 17% since closing at $119.97 on January 27, 2022. At that point, ENPH stock ... Read more »

3 Best Sports Betting Stocks in Light of Next Week's Super Bowl

Three years ago, the U.S. Supreme Court struck down the federal ban on sports gambling and left it up to state governments. Many states have legalized sports betting or have ... Read more »

Mayor Kishori Pednekar hints at unlocking Mumbai by February-end as COVID-19 cases dip

(File Image) Amid a significant drop in COVID-19 cases in Mumbai, city Mayor Kishori Pednekar on Tuesday hinted that the Maharashtra capital will be unlocked by the end of this ... Read more »

Here are consensus price targets for 5 most-valued stocks post Q3 results

NEW DELHI: The five most-valued stocks on Dalal Street, which together command 19 per cent of the market value of all BSE stocks, could see a potential up to 34 ... Read more »

10-year punishment, Rs 1 lakh fine for indulging in 'love jihad': BJP manifesto for UP polls

Representational image. The BJP on Tuesday promised 10-year punishment and Rs 1 lakh fine for those indulging in ‘love jihad’ if it returns to power in Uttar Pradesh. The announcement ... Read more »

Students hoist saffron flag as hijab protest spreads in Karnataka, HC commences hearing

The State Government is learnt to have asked the district education authorities to declare holiday to schools and pre-university colleges if protests over the ban on attire other than student ... Read more »

Chinese blue-chip index falls as U.S. sanction risks weigh

SHANGHAI: China’s blue-chip shares ended lower on Tuesday, as uncertainty about the impact of the U.S. government’s move to add more Chinese entities to an export control list weighed on ... Read more »

SoftBank's $40 bn sale of chip group Arm to Nvidia collapses

Japan’s SoftBank said Tuesday that the $40 billion sale of chip powerhouse Arm to Nvidia had collapsed because of “significant regulatory challenges” over competition concerns, and it now plans to ... Read more »

India summons S Korean envoy to deliver strong message on Kashmir

India has summoned South Korean ambassador here to convey strong message on the unacceptable social media post by Hyundai Pakistan. It was highlighted to him that this matter concerned India’s ... Read more »

SC asks NEET-PG-22 aspirants to make representation to Govt for extending deadline for internship

Supreme Court The Supreme Court on Tuesday asked the MBBS students seeking extending one-year internship deadline beyond May 31, criteria for aspirants for National Eligibility-cum-Entrance Test (NEET)-PG-22, to make a ... Read more »

Hyundai controversy: South Korea foreign minister expresses regret

South Korea’s Foreign Minister Chung Eui-Yong in a call with Indian external affairs minister S Jaishankar “expressed regret” after the Pakistan arm of automobile company Hyundai posted controversial remarks on ... Read more »

2008 Ahmedabad serial blasts case: Gujarat court convicts 49 accused, acquits 28 others

Representative image A special court on Tuesday convicted 49 accused in the case of Ahmedabad serial blasts in 2008 in which 56 people were killed and over 200 suffered injuries. ... Read more »

Protests for and against 'hijab' intensifies in Karnataka; Minister says don't give opportunity to use police force

As protests for and against the ‘hijab‘ intensified at colleges in different parts of Karnataka, state’s Home Minister Araga Jnanendra on Tuesday while appealing for peace said no one should ... Read more »

Strong earnings support European bourses; BP profit shines

European shares extended gains on Tuesday after the European Central Bank chief eased concerns around faster monetary policy tightening this year, while investors also found comfort in a positive corporate ... Read more »

Dubai and India's financial regulators seek closer cooperation

Dubai’s financial regulator and India’s International Financial Services Centre Authority (IFSCA) have signed a memorandum of understanding to increase supervision, enforcement and oversight on companies with presence in both jurisdictions. ... Read more »

Australia shares surge 1% on mining boost, Macquarie's record quarter

Australia shares gained 1% on Tuesday to hit their highest level in more than two weeks, lifted by heavyweight miners on the back of surging iron ore prices and as ... Read more »

Tech pushes Nikkei higher even as U.S. CPI caution prevails

TOKYO: Japan’s Nikkei closed slightly higher on Tuesday, helped by tech stocks as investors snapped up beaten-down equities, even as caution prevailed ahead of U.S. inflation data due out later ... Read more »

Tamil Nadu Assembly again adopts anti-NEET bill; BJP stages walks out

The Tamil Nadu Assembly on Tuesday adopted again, the anti-NEET Bill, returned days ago by the State Governor RN Ravi. The resolution was adopted amid thumping of desks, and Speaker ... Read more »

2008 Ahmedabad serial blasts case judgement likely on Tuesday

A special court is likely to pronounce its judgement on Tuesday in the case related to the 2008 Ahmedabad serial bomb blasts that claimed 56 lives and for which nearly ... Read more »

Views of experts to be taken on vaccination for children below 15 years: Mansukh Mandaviya

(Representative Image) With reopening of schools raising concern over the safety of children below 15 years of age, Health Minister Mansukh Mandaviya on Tuesday said in the Rajya Sabha that ... Read more »

Budget Session | "If Congress wasn't there..," PM Modi's no-holds-barred attack on Opposition: Key Highlights

Prime Minister Narendra Modi on February 8 launched a scathing attack on the Congress party for obstructing development while criticising its previous governments for the Emergency of 1975, anti-Sikh riots ... Read more »

Views of experts to be taken on vaccination for children below 15 years: Mandaviya

With reopening of schools raising concern over the safety of children below 15 years of age, Health Minister Mansukh Mandaviya on Tuesday said in the Rajya Sabha that the government ... Read more »

Mumbai to be unlocked by the end of February: Mayor

Mumbai’s Mayor Kishori Pednekar on Tuesday said that all restrictions in the city will be lifted and Mumbai will be unlocked by the end of February, news agency ANI reported. ... Read more »

Renault crosses 8-lakh cumulative sales mark in India

French automaker Renault on Tuesday said it has crossed the 8-lakh cumulative sales milestone in India, in a decade of its presence in the domestic market. It also said that ... Read more »

HC gives 3 weeks to Maha ruling parties to reply on PIL against state bandh

The Bombay High Court on Tuesday gave three weeks to the Shiv Sena, Congress and NCP to file their affidavits in response to a PIL challenging the one-day bandh called ... Read more »

PM Modi's fixation with 'Namaste Trump' event led to COVID-19 spread in country: Nawab Malik

A day after Prime Minister Narendra Modi accused the opposition of scaring migrant workers into fleeing to their native states from Mumbai during the COVID-19 pandemic, Maharashtra minister Nawab Malik ... Read more »

Gasoline prices climb for 30 consecutive days

A signboard at a gas station in Seoul shows the rebound in gasoline prices. While the nationwide barometer climbed to 1,688.19 won ($1.41) per liter as of Tuesday, prices in ... Read more »

SC refuses interim bail to SP leader Azam Khan

The Supreme Court Tuesday refused to grant interim bail to Samajwadi Party leader <a href="/tag/azam-khan“>Azam Khan for campaigning in the UP assembly polls. A bench comprising Justices L Nageswara Rao ... Read more »

Why this Jhunjhunwala stock is seeing rating downgrades

Rakesh Jhunjhunwala‘s portfolio bet Jubilant Pharmova is under pressure, so much so that the scrip has eroded half of investor wealth in the last one year. To add to the ... Read more »