Ashok Leyland, the Indian flagship of the Hinduja Group and country’s leading commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU), with CSB Bank Ltd. to enter into a strategic vehicle financing partnership for its customers. This MoU will enable both Ashok Leyland and CSB Bank to offer customized financial solutions to them. Under this […]
Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, has partnered with Bajaj Finance Ltd., the lending arm of Bajaj FinServ Ltd., a leading financial services group in India, to offer attractive and affordable finance solutions for its customers. The partnership will help Honda customers avail exciting car finance schemes with low […]
Tata Motors Finance, one of India’s leading NBFCs pioneering in vehicle finance, and PASCO Motors LLP, a leading authorized dealer of Tata Motors in North India, have announced an Industry-first strategic partnership to offer a seamless digital credit line for an array of maintenance and servicing needs of commercial vehicles. The development was jointly announced […]
Ashok Leyland has announced a strategic partnership with Cholamandalam Investment and Finance Company Limited (Chola), the financial services arm of Murugappa Group, to facilitate inventory financing for the Ashok Leyland dealers. In a bid to enhance operational capabilities, the new alliance aims to provide 130 Ashok Leyland dealerships nationwide with an array of comprehensive inventory funding options to […]
Ashok Leyland has signed a Memorandum of Understanding (MoU), with IDBI Bank Ltd. to enter into a strategic channel financing partnership for its dealers. This MoU will enable both Ashok Leyland and IDBI Bank Ltd. to offer customized financial solutions to them. Commenting on the partnership, Gopal Mahadevan, CFO, Ashok Leyland, said, “With the combined strength […]
In a bid to accelerate the EV buying process, leading commercial EV maker Altigreen has partnered with Sundaram Finance – one of the most respected names in the Indian financial services sector, to provide customized retail financing solutions to its customers. As a result of the strategic tie-up, Sundaram Finance will offer its range of financial products to Altigreen’s […]
Tata Motors Finance, one of India’s leading NBFC pioneering in the vehicle finance industry, launched its first dedicated IT Infrastructure Development Centre in Pune. The strategic move aims to leverage Pune’s flourishing technology ecosystem, attract expert tech talents, and establish a centralized tech solution hub for Tata Motors Finance’s digital transformation initiatives. The centre was […]
Mahindra & Mahindra Financial Services Limited, (Mahindra Finance), part of the Mahindra Group, and one of India’s leading Non-Banking Finance Companies and Bank of Baroda (BOB), one of India’s leading public sector banks, have announced the signing of a partnership agreement for co-sourcing of car loan leads. Under this tie-up, Mahindra Finance will generate new and pre-owned […]
Increasing penetration in the used vehicles financing continues to be its focus area to help improve margins while improved rural cash flows during the quarter supported demand sentiments The Board of Directors of Mahindra and Mahindra Financial Services Limited (Mahindra Finance), a leading provider of financial services in the rural and semi-urban markets, at its […]