Andhra Pradesh - Hyderabad   

Andhra Bank ties up with HMT

HYDERABAD: Andhra CMD, K. Ramakrishnan has said they have fixed a target to finance 3,000 tractors in the current fiscal under a tie-up with HMT Tractors. In the State alone, the bank will finance 1,200 tractors of an estimated sale of 1,500 HMT tractors.

At a press conference to announce the tie-up on Tuesday, he urged HMT Tractors to consider training educated unemployed rural youth on the factory floor, after which the bank would help with loans to establish tractor repair centres in the rural areas.

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