Mumbai, April 18 -- South Indian Bank has signed an MoU (Memorandum of Understanding) with Ashok Leyland Limited for financing their dealers under the bank's dealer finance programme.
Under this partnership, the bank will provide unmatched dealer finance options to the dealers of Ashok Leyland Limited.
With this tie-up, South Indian Bank aims to help the dealer partners of Ashok Leyland Limited streamline vehicle inventory funding. This arrangement is mutually beneficial for the vehicle manufacturer, their dealers, and South Indian Bank.
Speaking on the alliance, Biji S. S., Senior General Manager and Group Business Head, South Indian Bank, said, "We are extremely happy to partner with Ashok Leyland Limited. Through our varied financial ...