Citi: Citi, SBI announce $295 million facility for small farmers
Citi and State Bank of India (SBI) launched a $295 million social loan facility to support India's small farmers by improving their productivity and income. Citi's Trade & Working Capital Solutions will provide the loan, which SBI will use to finance its Kisan Credit Card loans, targeting financial inclusion for farmers with small landholdings.
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Citi is a New York-based multinational financial services firm that provides solutions such as banking, wealth and investment management for individuals and businesses.
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