
LEAF in pact with HDFC Bank to provide financial aid to marginalised farmers
The Hindu
CHENNAI
Ooty-headquartered Lawrencedale Agro Processing (LEAF) has entered into strategic partnership with private sector lender HDFC Bank to offer customised financial products and services to marginalised farmers.
“We are aligning with HDFC Bank to dovetail a host of offerings which can bring about significant improvements to the livelihoods of the marginalised farmers,” founder & CEO Palat Vijayaraghavan said in a statement.
“We are on track to bring about impact to more than five million marginalised farmers and along with HDFC Bank, we can surely contribute to the nation’s growth,” he added.
“Our partnership with LEAF will create great outcomes; it will improve and provide financial access and inclusion to the entire rural ecosystem, drive impact and create shared success,” said Anil Bhavnani, senior executive vice president and head – Rural Banking, RBB, HDFC Bank.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












