Business News›News›Economy›Agriculture›Driven by bumper crop, agriculture financing companies finally see hope of recovery
Driven by bumper crop, agriculture financing companies finally see hope of recovery
Synopsis
Like all other sectors, the lockdown restrictions had an impact on the agriculture sector and the agri financing business also witnessed a drastic decline in the credit offtake. The lockdown was imposed at the time of arrival of rabi crops into the mandis which had led to uncertainty in commodity trading at the time of the lockdown.
KOLKATA: After a patchy time during the lockdown, agriculture financing companies are expecting a recovery in credit offtake in the second half of the current fiscal year, driven by a bumper kharif crop.Like all other sectors, the lockdown restrictions had an impact on the agriculture sector and the agri financing business also witnessed a drastic decline in the credit offtake. The lockdown was imposed at the time of arrival of rabi crops into
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