PSU NEWS
Central Warehousing Corporation signs MoU with SBI
The collaboration will help to build an integrated cold chain on a PAN India basis at covered/open space either through retrofitting by developing a new facility in the open land of CWC.
New Delhi: Central Warehousing Corporation (CWC), a CPSE public Warehouse operator signed an MOU with multinational public sector bank State Bank of India (SBI) on February 22, 2022, aimed at bringing much required financial assistance through loan facility to suitable private investors/ developers/ operators for setting up the cold chain and value-added infrastructure at CWC facilities.
The collaboration will help to build an integrated cold chain on a PAN India basis at covered/open space either through retrofitting by developing a new facility in the open land of CWC for value addition processing & preservation infrastructure on a long-term basis to directly benefit the private investors.
Read Also : NPCI and Bank of Namibia collaborated to link UPI systemNews Must Read
- RBI cancels Certificate of Registration of Acemoney (India) Limited due to irregular lending practices
- Coal India Production rises by 7 percent in April
- WAPCOS became second Indian PSU in ADB Consulting
- Power Grid appoints Satyaprakash Dash as CS and Compliance Officer
- GE Power received orders from two state-owned PSUs and one JV entity
- SAIL-RITES JV bags Rs 818 crore wagon order from Indian Railways
- BHEL enters into Strategic Partnership Agreement with HIMA for Railway Signalling Business
- SJVN bids farewell to Smt. Geeta Kapur, CMD and Director (Personnel)
- Nilendu Kumar Singh assumes charge of CMD, CCL
- IndianOil Q4 Results: Profit plunges 52% YoY to Rs 4,838 crore