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 […]