Samunnati sees increase in lending for climate smart agri projects

samunnati sees increase in lending for climate smart agri projects

Sumary of Samunnati sees increase in lending for climate smart agri projects:

  • Agri value chain financier Samunnati expects its lending to climate smart compliant agriculture assets to more than double over the next two years on rising awareness for mitigating climate change.
  • Anil Kumar S G, Founder and CEO, Samunnati said the company’s lending to climate smart compliant assets is seeing more traction.
  • Out of its total lending of ₹8,624 crore, so far, Samunnati has done climate smart asset funding of around ₹1,000 crore, Anil Kumar said.
  • It has set up an eight-member team to focus on the climate smart agri segment.

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