MUMBAI: Private sector lender Federal BankBSE -0.35 % today said it has entered into a tie-up with Edelweiss Integrated Commodity Management (EICML) for extending collateral management in commodity financing. The tie-up is expected to benefit farmers, traders and processors who are in need of finance, against the pledge of commodities instead of sale at low prices, Federal Bank said in a release issued here. EICML is one of the leading collateral management service providers .. Read more at: http://economictimes.indiatimes.com/articleshow/49906811.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesFederal Bank signs MoU with EICML for collateral management
Industry: Banking 2015-12-07
