Epic Update: Vysya Bank

ING Vysya Bank is likely to increase its presence in Punjab, Maharashtra and Gujarat with aims to fulfill the regulatory norm pertaining to minimum loan exposure to the agriculture segment. The private sector lender has about 13.5% loan exposure to agriculture segment which is less than the minimum exposure of 18% required as per the regulatory norms. The entity is also offering Kisan Credit Cards to famers to cover their credit requirements at the pre- and post-harvest stages.

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