Chennai, May 29 -- In a move that promises to redefine the contours of sustainable agriculture
in India, the Indian Overseas Bank (IOB) on Thursday as entered into a tripartite Memorandum of Understanding (MoU) with AMUL, India's largest dairy cooperative, and Richplus, AMUL's organic farming partner.
The MoU was signed today at the IOB's headquarters in Chennai.
Speaking to reporters, IOB MD and CEO Ajay Kumar Srivastava said this partnership underscores our deep commitment to nation-building through sustainable agriculture.
As part of this MoU, the bank is targeting to onboard one lakh organic farmers. This outreach will be supported by a structured engagement strategy, providing farmers with access to credit, organic inputs, traini...