Role of supply chain finance in shaping the future of agri finance

Quick Summary:

Supply chain finance gives farmers the necessary funds to purchase inputs, boosting production and, ultimately, their incomes.

Additionally, SCF solutions like payable finance enable traders to pay farmers and commission agents promptly, ensuring timely transactions.

These fintechs are emerging as both competitors and partners to banks, providing low-cost financing options that help bridge the trust gap and effectively manage credit risk.

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Article Details

Author / Journalist: Arun Poojari

Category: StartupsEconomyBusiness

Markets: India

Topics: Funds Sector Farmers Chain Supply Financial Financing Finance Credit Data Agriculture

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 02:05:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 878 words

Reading Time: 5 minutes read

Sentences: 52 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24588395

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 4 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 13 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #44

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