UCO Bank has signed a co-lending agreement with NBFC Paisalo Digital Limited for agriculture business to capitalize the underbanked and under-serviced population.
The tie-up will give a boost to the agriculture advance of the bank and it is a win-win situation for the bank as well as the NBFC. The Government of India aims to help agriculture and other small borrowers who are the backbone of the Indian economy.
UCO Bank MD & CEO: Soma Sankara Prasad.