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Private sector lender DCB Bank on Thursday said it is seeing a good business prospects from rural areas and wants to focus on encouraging tractor loans demand from the farming community. The bank is offering customised loans in Chhattisgarh, Karnataka, Andhra Pradesh, Telangana Madhya Pradesh, Maharashtra, Odisha and Rajasthan, which saw a growth in demand last year. The bank is positive about rural prospects, as evident from sales in Q2 FY21, and is expecting incremental growth in business, DCB Bank said in a release on Thursday. Citing a recent Crisil report that tractor sales were up by 12 per cent in first half of FY21, the lender said good monsoon and higher crop production generally support farm incomes and this in turn provides a fillip to tractor demand. ....
Adani Ports Acquires Dighi Port In Raigad District Of Maharashtra, Plans To Invest Rs 10,000 Crore Adaniâs Mundra port in Gujarat. (Wikimedia Commons) Adani Ports and Special Economic Zone (APSEZ) on Tuesday (16 February) completed the acquisition of Dighi Port in Maharashtra for Rs 705 crore and plans to invest over Rs 10,000 crore to develop it as an alternate gateway to Jawaharlal Nehru Port, reports LiveMint. Jawaharlal Nehru Port of Mumbai is one of the 12 major ports in the country and also Indiaâs largest container port. The acquisition by APSEZ includes 100 per cent stake in Dighi Port Limited (DPL) located on the banks of the Rajpuri Creek in the Raigad District of Maharashtra. ....