Date:31/05/2005 URL: http://www.thehindubusinessline.com/2005/05/31/stories/2005053102650600.htm

Back Escorts, SBI may tie up to offer loans to dealers

Our Bureau

NEW DELHI: Escorts Ltd-Agri Machinery Group has announced that it is likely to enter into a strategic tie-up with State Bank of India to provide working capital at attractive interest rates to its dealers in Punjab, Haryana, Himachal Pradesh and Jammu & Kashmir.

Escorts AMG and SBI already have a tie-up for providing loans through different financing schemes to farmers, the company said in a release.