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Bank of Baroda to set up digital platform for farmers

Bank of Baroda is developing an agri-digital platform to provide solutions for all major agricultural requirements. The bank said it has entered into a MoU with 6 companies – Skymet Weather Services, Weather Risk Management Services, BigHaat, Agrostar India, EM3 Agri Services and Poorti Agri Services – with the aim of offering solutions for all major agricultural requirements. Called Baroda Kisan, the platform will be executed by IT Centre of Excellence (ITCoE) of the bank in partnership with IBM India. It will have an holistic approach towards solving agricultural plights by means of providing reliable and customized information, inputs for use, convenience of renting farm equipment and market linkage for sale of agri-produces, the bank said.

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