VinFast Auto India, the Indian arm of global EV maker VinFast, has signed a Memorandum of Understanding (MoU) with ICICI Bank to provide auto and inventory financing solutions for its exclusive dealer network. The partnership aims to make owning VinFast’s newly launched VF 6 and VF 7 electric vehicles more convenient and accessible for customers […]
Tag: dealer financing
Maruti Suzuki partners with Standard Chartered Bank for Dealer Financing solutions
Maruti Suzuki India Limited (MSIL), today, announced the signing of a Memorandum of Understanding (MoU) with Standard Chartered for inventory funding. This new alliance will empower over 4000+ Maruti Suzuki sales outlets across the country, with comprehensive inventory funding options for their working capital requirements. The MoU was signed in the presence of Mr. […]
Ashok Leyland partners with Indian Bank to provide channel finance facilities for M&HCV dealers
Ashok Leyland, the Indian flagship of the Hinduja Group and country’s leading commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU) with Indian Bank to provide channel finance facilities for M&HCV dealers. This collaboration aims to deliver customized financial solutions benefitting Ashok Leyland’s channel partners. The MoU was signed by Mr. C. Neelakantan, Head – […]
Indian Bank signs MoU with Tata Motors to offer CV financing solutions
Indian Bank, one of India’s leading public sector banks, has signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer to offer attractive financing solutions to Tata Motors commercial vehicle customers and authorised dealerships across the country. The bank will offer customised financial packages with competitive interest rates and streamlined credit […]