SML Mahindra Limited has entered into a Memorandum of Understanding (MoU) with Indian Bank to strengthen its dealer ecosystem through structured inventory funding support. Under the partnership, Indian Bank will extend working capital assistance to SML Mahindra’s authorised dealers through its Supply Chain Finance (SCF) platform, enabling smoother inventory funding at competitive and transparent terms. […]
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, 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 […]