NCML, a major agri-infrastructure player, enter into a strategic alliance with State Bank of Hyderabad for collateral management and warehousing services. With this alliance, NCML marks a milestone of associating with 50 banks across the country.

State Bank of Hyderabad is an associate bank of State Bank of India, and is one of the scheduled banks in India.
 
The tie-up will assist industries, traders and farmers in financing their capital requirements at all stages of the supply chain, ranging from pre-harvesting to the marketing and export stages.
 
Sanjay Kaul, managing director & chief executive officer, NCML said, "The tie-up with SBH will help in the spread of the agricultural finance and promote warehousing receipt financing across the country. This new arrangement with SBH will provide an opportunity to field functionaries to extend finance against warehouse receipts. Our warehouses spread across the country issue credible and reliable warehouse receipts. The tie up would further consolidate the bank's presence with the wide network of warehouses of NCML in various states across length and breadth of the country and in turn help NCML to better serve the stakeholders in the agri-supply chain."

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